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Home/Briefs/cryptocurrency

BriefApril 13, 2026 · 06:24 AM

Bitcoin's trendline rejection delays the $88,000 bull case

The rally toward $88,000 is delayed. Bitcoin turned lower from a bear-market trendline drawn from October 2025 highs above $126,000. Sellers overpowered buyers at the trendline, leaving the broader downtrend intact. Until the price closes above this trendline on meaningful volume, the bull case based on ETF flows and Coinbase premium remains secondary to the price chart. The latest rejection invites stronger selling pressure, which may lead to a decline to $65,000.

Hazel Crane

CryptocurrencyTechnical AnalysisMarket Trends

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