Bitcoin stalls near $78K as short-term momentum fades

Bitcoin held $77,989 on April 26, 2026, trading near $78,000 as hourly momentum weakened. Traders eyed resistance at $79,500 and support near $77,200.

Bitcoin traded at $77,989 on April 26, 2026, stalling just below $78,000 as short-term momentum softened and price consolidated. Hourly charts showed recent buying pressure weakening near the top of the intraday range.

Short-term indicators pointed to modest bullish pressure but limited conviction. The relative strength index stood at 64 and the moving average convergence divergence was 2,047. On the one-hour chart, local resistance was between $78,200 and $78,500 and immediate support between $77,200 and $77,400. Intraday price remained roughly between $77,237 and $78,177.

On the four-hour chart, price stayed range-bound after a rejection close to $79,500, with an upper zone at $79,000–$79,500 and a lower boundary near $77,000–$77,300. Candle wicks on both sides indicated choppy trading and liquidity sweeps.

The daily chart retained a bullish structure with higher highs and higher lows from about $65,000 to $79,500. Volume declined on the most recent uptick. The 200-period exponential moving average was near $82,466 and the 200-period simple moving average near $84,974, both above the current price.

Other technical readings were neutral: the Stochastic was 80, the commodity channel index 101, the average directional index 25, the Awesome Oscillator 5,790 and Momentum 2,827. Short- to mid-term moving averages provided support in the low- to mid-$70,000s, including EMA10 around $76,725 and EMA20 near $75,058.

Near-term scenarios: if bitcoin holds the $77,200 support zone and rises above about $78,178 on sustained volume, traders would look to $79,500. If it fails to defend $77,200, the price could rotate toward $75,000, with deeper support near $73,500.

Traders are monitoring volume and price action for a clear breakout above $79,500 or a breakdown below $77,200 before adjusting positions.

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