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Bitcoin attempts a rebound for the third time in a row

Technical Analysis
By Mostafa Mahmoud
Bitcoin attempts a rebound for the third time in a row
0 1

BTCUSD

البيتكوين 6-4-2026

Bitcoin trades around resistance at $69270 and this level is likely to cap upward momentum in today’s trading.

Support

 65700 63000
Resistance 69270

72000

Bitcoin recorded a positive performance during today’s trading, supported by a return of buying momentum and a relative improvement in risk appetite, as it managed to hold near elevated levels following a strong upward move. This price action reflects fresh liquidity entering the market and continued interest in digital assets, particularly amid the current balance between geopolitical tensions and monetary policy expectations. However, Bitcoin’s movement remains closely tied to global liquidity flows and shifts in investor sentiment, which may lead to some volatility in the near term as markets monitor new developments.

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Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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