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Bitcoin is once again attracting market attention

Technical Analysis
By Mostafa Mahmoud
Bitcoin is once again attracting market attention
0 8

BTCUSD

البيتكوين 15-4-2026

Bitcoin trades below resistance at $75700 likely to move sideways between $70800 support and $75700 resistance.

Support

 70800 68200
Resistance 75700

76000

Bitcoin posted a positive performance during today’s trading, continuing to hold near elevated levels after a strong rally pushed it above the $74,000 area. This move reflects ongoing liquidity flows into high risk assets, supported by improved global market sentiment and easing geopolitical tensions.

Despite this momentum, the pace of gains has started to slow as profit taking emerged near higher levels, signaling a temporary consolidation phase while markets await new catalysts. At the same time, Bitcoin’s performance remains closely tied to global equity movements and shifts in risk appetite, making any sudden political or economic developments a key driver for the next direction.

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Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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