As of April 12, 2026, Bitcoin (BTC) has demonstrated strong momentum after experiencing volatility earlier in the month, with the current price stabilizing above $71,000 (approximately 2.32 million New Taiwan Dollars).

BTC Price Analysis:

Market Level: In early April, BTC experienced a rapid rebound after testing the $65,000 level. Over the past 10 days, the price has increased approximately 6.5% from its lows, indicating very solid buying support at the $68,000 level.

Technical Signals: In the short term, a strong bullish trend is present, currently challenging the key resistance zone at $73,000. If a successful breakout and stabilization occur, it will open the upward channel toward a new all-time high of $80,000.

Market Sentiment: The inflow of institutional funds into spot ETFs has picked up again in mid-April. Additionally, the supply tightening effects from the two-year halving are beginning to show, making the overall market sentiment optimistic.

Summary: April 2026 marks a turning point for BTC, breaking out of consolidation and regaining upward momentum. In the short term, focus on the breakthrough strength at $73,000, with support moved up to $69,500.

Disclaimer: The content is for informational purposes only and does not constitute investment advice. Cryptocurrencies carry high risks; please evaluate carefully.