Bitcoin trades at $75,600 on April 30, 2026, below all three moving averages with RSI at 41 on both signals. The short squeeze setup that institutional funds monitor requires three converging conditions. None are active yet.
Michael Saylor, co-founder and executive chairman of Strategy, took the stage at Bitcoin Las Vegas 2026 to present what he called the killer application of Bitcoin — not the commodity itself, but a credit instrument built on top of
Bitcoin is testing $77,399 with the most depleted exchange liquidity of 2026. The dry powder left, but the data suggests it relocated, not disappeared.
A Bitcoin miner health indicator that compares the 30-day and 60-day moving averages of network hashrate has fired a buy signal following a period of hashrate stress.
Bitcoin's third rejection at $80,000 was accompanied by the sharpest single-candle RSI collapse on the 1-hour chart and a 47% decline in the Coinbase Premium Index since April 22.
Bitcoin has climbed roughly 15% since early April, and the mechanics behind this move look nothing like what traders have seen in previous cycles.
Every time Bitcoin has recovered 30% from a cycle low, it has never revisited that low and the price is currently $2,500 away from that threshold.
Bitcoin's adjusted long-term holder MVRV is declining but remains above the stress zone that has historically accompanied cycle bottoms, while network participation holds near recent highs despite a modest pullback from April 21 peaks.
Raoul Pal is not watching ceasefire headlines to form his Bitcoin thesis. He is watching the incentive structures of the four parties involved in the Iran conflict, and concluding that the market is pricing a war the game theory says cannot be sustained.
Arthur Hayes, co-founder of BitMEX and founder of Maelstrom, is 95% long in a market where Warren Buffett is sitting on the largest cash pile of his career.
Bitcoin reached $79,000 on April 22 for the first time since early February, recovering the full range of its two-month correction. The 1-hour RSI sits at 79.21 on volume that does not match the size of the move. What's underneath the price is more telling than the price itself.
Bitcoin crossed $78,000 on a news-driven spike but April 21 ETF data showed just $11.84M in net inflows, with BlackRock carrying almost the entire positive side alone.



