Test

Bitcoin

Resistance

<p>Bitcoin ($BTC) is again witnessing a decisive juncture in the new market cycle. Hence, the 100-day simple moving average (SMA) of Bitcoin has become a significant technical barrier. As per the data from Ali Charts, <a href="https://blockchainreporter.net/tag/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin ($BTC)</a> is currently testing the respective technical barrier as a level that has recurrently dictated its price action’s direction. So, the traders are closely watching this level and the further price trajectory in the near term.</p>
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   <p>Bitcoin <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> is at a make-or-break point! <br><br>For the third time in six months, BTC is testing the 100-day simple moving average (SMA) as resistance.<br><br>• In October, Bitcoin got rejected, resulting in a 30% correction from $116,000 to $80,000.<br>• In January, Bitcoin also got… <a href="https://t.co/OpTotoWDQI" rel="noopener noreferrer nofollow">pic.twitter.com/OpTotoWDQI</a></p>— Ali Charts (@alicharts) <a href="https://twitter.com/alicharts/status/2044621301965554125?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 16, 2026</a>
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<h2 class="wp-block-heading" id="bitcoin-faces-massive-resistance-at-100-day-sma-amid-concerns-of-triple-top-formation">Bitcoin Faces Massive Resistance at 100-Day SMA Amid Concerns of Triple Top Formation</h2>
<p>The 100-day SMA of Bitcoin ($BTC) is currently hindering its upward price movement. Particularly, the flagship cryptocurrency is testing the respective barrier for the 3rd time in 6 months. Back in October last year, rejection at Bitcoin’s SMA led to a sheer 30% correction, decreasing $BTC’s price from the height of $116K to $80K.</p>
<p>Analogously, in January this year, another notable rejection paved the way for a 39% dip, decreasing the leading crypto asset’s price from up to $97K to $59,800. This underscores the substantial pressure of the respective resistance line. At the moment, the 100-day SMA of $BTC is pressing against its price levels around $73,935. Market onlookers caution that a 3rd rejection could ignite a bearish, triple top formation. This pattern often comes before deeper dips.</p>
<h2 class="wp-block-heading" id="make-or-break-resistance-to-dictate-further-path-of-bitcoin-toward-80k-84k-range">Make-or-Break Resistance to Dictate Further Path of Bitcoin toward $80K-$84K Range</h2>
<p>As per details, Bitcoin ($BTC) could revisit its annual low <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">price mark</a> of $59,800, which serves as a psychological foundation for the traders. Irrespective of the looming risk, bulls are still optimistic about a breakout above Bitcoin’s 100-day. Such a surge would raise the price to the $80K-$84K range. Keeping this in view, the top cryptocurrency is now facing a make-or-break resistance that could result in a spree in either direction.</p>
<p>According to <a href="https://blockchainreporter.net/cardano-maintains-a-top-10-market-cap-despite-a-bottom-tier-decentralized-finance-ecosystem/" rel="noopener noreferrer nofollow">Ali Charts</a>, the institutional Bitcoin ($BTC) investors are keenly watching whether the anticipation of a breakout comes true. The current price level of $BTC displays 1.47% increase over the past 24 hours, while the weekly and monthly trajectories denote 5.79% and 1.14% spikes. For now, some Traders are focusing on downside protection, while others are readying for a notable price momentum.</p>

Bitcoin Undergoes Crucial Test with 100-Day SMA Posing Make-or-Break Resistance

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