1 day ago
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Key Takeaways
- Bitcoin pulls back to $73,975 after $76,000 peak on April 14.
- STH profit sent to exchanges hits 63,000 BTC.
- Bitcoin spot ETFs record $411.50M inflows, BlackRock leading at $213.83M.
- 50 SMA at $73,458 holding as support after the pullback.
Bitcoin is trading at $73,975 at the time of writing on April 15, down 0.49% on the day and $2,025 below the $76,000 peak reached on April 14. The 50 SMA at $73,458 is rising and now $517 below price at the 1h chart, the average that was resistance two weeks ago is now the floor the pullback is testing.
The RSI at 47.01 with the signal line at 52.95 has rolled over from the overbought readings of April 14. Signal line above RSI in neutral territory means momentum has shifted from the buyers to neither side. The structure is not broken. It is pausing.
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