{"id":158578,"date":"2026-04-30T00:00:31","date_gmt":"2026-04-30T00:00:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=158578"},"modified":"2026-04-30T00:00:31","modified_gmt":"2026-04-30T00:00:31","slug":"why-the-bitcoin-price-could-hit-68000-again","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=158578","title":{"rendered":"Why The Bitcoin Price Could Hit $68,000 Again"},"content":{"rendered":"

The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery<\/a> and push higher. However, in a bearish scenario, the analyst predicts a steep decline, with price possibly revisiting $68,000. Given the significance of this trendline, analysts and traders are closely watching to see how Bitcoin will react here.\u00a0<\/p>\n

Bitcoin Price Sits At Critical Make Or Break Trendline<\/h2>\n

Crypto market analyst Ardi has presented<\/a> another compelling Bitcoin price analysis on X. However, this time, he has outlined two potential price scenarios for the flagship cryptocurrency. While others believe<\/a> that Bitcoin may have entered bullish territory following its surge above $79,000<\/a>, Ardi still maintains a cautious stance even as he projects possible bullish scenarios.<\/p>\n

In his post, Ardi noted that the Bitcoin price is currently sitting at a critical technical area where two key support levels are converging. He said that these supports include an established ascending trendline pointing toward $79,418 and a liquidity zone around the $77,300 level.\u00a0<\/p>\n

According to him, this ascending trendline has guided Bitcoin\u2019s price action since it reached $65,000<\/a> in early April. The chart also clearly shows that every major swing high within BTC\u2019s latest recovery has respected this trendline, making it a consistently tested support area throughout the upward move.<\/p>\n

As a result, Ardi emphasized that this trendline has become a critical zone for the market to watch, especially as Bitcoin is now approaching a decisive point where price could either break above or below the support. He also noted that every rally since the $65,000 level was gained from key liquidity zones<\/a> found on this ascending trendline.\u00a0<\/p>\n

Because of this, he believes that as long as the trendline holds, Bitcoin\u2019s broader bullish structure<\/a> will remain intact. Moreover, if the cryptocurrency can break above the trendline at $79,410, it could extend its move higher.\u00a0<\/p>\n

Analyst Predicts Possible Price Flush To $68,000<\/h2>\n

For his bearish outlook, Ardi explained that if Bitcoin loses the $77,300 support level, it could mark the first clear breakdown toward a decline to lower levels<\/a>. He noted that this would invalidate BTC\u2019s bullish structure and signal a major shift in momentum.\u00a0<\/p>\n

From there, he expects BTC\u2019s price to move into deeper liquidity pockets below current levels. He pointed to a potential healthy retest around $76,000, followed by a pullback near $73,600 if selling pressure persists<\/a>. If Bitcoin breaks this area, he believes<\/a> that the cryptocurrency could turn bearish, potentially driving the price back toward $68,000.<\/p>","protected":false},"excerpt":{"rendered":"

The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery and push higher. However, in a bearish scenario, the […]<\/p>\n","protected":false},"author":0,"featured_media":158579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-158578","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\/158578"}],"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=158578"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/158578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/158579"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=158578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=158578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=158578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}