Today, Bitcoin (BTC) shows a clear rebound trend. 🔥

During the trading session on April 6, BTC briefly broke through the $69,000 level, reaching a high of around $69,500, up more than 3% within 24 hours, recovering from recent lows of $66,000-$67,000.
Since April 2026, BTC first experienced a sluggish first quarter (Q1 down approximately 23%, the worst start since 2018), with prices fluctuating between $60,000 and $70,000. Recently, driven by institutional capital inflows, net inflows into Bitcoin spot ETFs stabilizing, and a market rebound after the Fear and Greed Index hit extreme fear levels, a short-term rebound has occurred.
On the technical side, the price successfully held above the key support at $67,000 and broke through some short-term Fibonacci resistance, indicating a temporary revival of bullish momentum.

However, the overall trend remains cautious. Since the peak in 2025, Bitcoin has experienced a significant pullback and is still in a wide-range consolidation pattern. Resistance is seen around $70,000-$75,000, while support is at $65,000-$66,000. If it can stay firmly above $69,000, the rebound momentum may continue; conversely, if macro factors (such as Federal Reserve policies, geopolitical risks, or oil price fluctuations) cause a decline again, testing lower supports cannot be ruled out.

In the short term, BTC's movement is mainly characterized by a bullish consolidation rebound, but investors should remain attentive to volume changes and external macro events. The crypto market is highly volatile, so caution is advised, and proper risk management should be implemented. The above analysis is for reference only and not investment advice.
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