Bitcoin

April

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After a slight bounce back, the cryptocurrency market is bearish again, according to <a href="https://u.today/shib-price-prediction-for-april-26" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="ee44a28e-81df-4d9f-b405-9782e50ff047" src="https://u.today/sites/default/files/inline-images/top10_1081.png">BTC chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The rate of Bitcoin has dropped by 2.13% over the last day. <img data-entity-type="file" data-entity-uuid="ea70e97f-715f-469b-81d3-19edfaf94021" src="https://u.today/sites/default/files/inline-images/btc1_191.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of BTC is more bearish than bullish as it is falling after a failed attempt to fix above the interim zone of $63,000.
If the situation does not change by the end of the day, there is a chance to see a test of the support by tomorrow. <img data-entity-type="file" data-entity-uuid="1c463f21-6c90-4969-909b-7c58ddde56ff" src="https://u.today/sites/default/files/inline-images/btc2_172.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A similar picture is on the daily time frame. If the bar closes below the support level of $63,136, one can expect an ongoing decline to the $62,000 area shortly. <img data-entity-type="file" data-entity-uuid="ace8d058-eba2-4250-9fd8-6be22595c88f" src="https://u.today/sites/default/files/inline-images/btc3_171.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, there are no reversal signals yet, which means it is too early to think about a bounce back. Moreover, if buyers lose the $60,000 zone, the accumulated energy might be enough for a dump to the $55,000 zone.
Bitcoin is trading at $62,979 at press time.

Bitcoin (BTC) Price Prediction for April 27

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