{"id":148964,"date":"2026-04-10T02:30:30","date_gmt":"2026-04-10T02:30:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=148964"},"modified":"2026-04-10T02:30:30","modified_gmt":"2026-04-10T02:30:30","slug":"bitcoin-price-turns-higher-can-it-print-new-monthly-highs","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=148964","title":{"rendered":"Bitcoin Price Turns Higher, Can It Print New Monthly Highs?"},"content":{"rendered":"

Bitcoin price started a strong increase above the $71,500 zone. BTC is consolidating gains and might aim for more gains above the $73,250 zone.<\/em><\/p>\n

Bitcoin gained pace for a move above the $71,500 and $72,000 levels.
\nThe price is trading above $71,500 and the 100 hourly simple moving average.
\nThere was a break above a bullish flag pattern with resistance at $71,250 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might extend gains if it stays above the $71,500 and $71,250 levels.<\/p>\n

Bitcoin Price Aims for More Gains<\/h2>\n

Bitcoin price managed to climb higher above the $70,500 resistance zone<\/a>. BTC gained pace for a move above the $71,500 and $72,000 levels.<\/p>\n

The pair even rallied above the $72,500 level. Besides, there was a break above a bullish flag pattern with resistance at $71,250 on the hourly chart of the BTC\/USD pair. A high was formed at $73,130, and the price started a downside correction<\/a>. There was a move below the 50% Fib retracement level of the upward move from the $70,536 swing low to the $73,130 high.<\/p>\n

However, the bulls were active above $71,500. Bitcoin is now trading above $72,000 and the 100 hourly simple moving average. If the price remains stable above $71,500, it could attempt a fresh increase. Immediate resistance is near the $72,500 level.<\/p>\n

<\/a><\/p>\n

The first key resistance is near the $73,250 level. A close above the $73,250 resistance might send the price further higher. In the stated case, the price could rise and test the $74,000 resistance. Any more gains might send the price toward the $74,500 level. The next barrier for the bulls could be $75,000.<\/p>\n

Downside Correction In BTC?<\/h2>\n

If Bitcoin fails to rise above the $73,250 resistance zone, it could start another decline. Immediate support is near the $71,500 level or the 61.8% Fib retracement level of the upward move from the $70,536 swing low to the $73,130 high.<\/p>\n

The first major support is near the $71,250 level. The next support is now near the $70,500 zone. Any more losses might send the price toward the $70,000 support in the near term. The main support now sits at $69,500, below which BTC might struggle to recover in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $71,500, followed by $71,250.<\/p>\n

Major Resistance Levels \u2013 $72,500 and $73,250.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a strong increase above the $71,500 zone. BTC is consolidating gains and might aim for more gains above the $73,250 zone. Bitcoin gained pace for a move above the $71,500 and $72,000 levels. The price is trading above $71,500 and the 100 hourly simple moving average. There was a break above a […]<\/p>\n","protected":false},"author":0,"featured_media":148965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-148964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/148964"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=148964"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/148964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/148965"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=148964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=148964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=148964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}