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Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In – Details

By Semilore Faleti · Published April 26, 2026 · 2 min read · Source: NewsBTC
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Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In – Details

Bitcoin prices are consolidating around the $77,000 mark, following a net 2.12% in the last week. The maiden cryptocurrency has registered significant positive traction in April, rising from around $67,000 to its current price level in the last three weeks. However, on-chain data indicates Bitcoin is yet to encounter the major resistance levels that could mark a change in market direction.

Realized Price Bands Signal Heavy Resistance Ahead

In an X post on April 25, Axel Adler Jr shares information on the key future barriers for Bitcoin if the premier cryptocurrency attempts to sustain its present rally. Using data from CryptoQuant’s Bitcoin Realized Price Analysis, Adler Jr. states that BTC bulls face the Herculean task of overcoming price resistance at $82,000 and $91,000 in succession.

For context, the data presented highlights $82,000 as the short-term realized price, i.e., the average price at which short-term holders who are investors who have held their BTC for less than 155 days bought Bitcoin. It is a key psychological and technical level in the market. When BTC is below the STH realized price, it suggests that most short-term holders, likely new entrants and reactive, are at a loss. Therefore, this cohort of investors is likely to exit the market as the price approaches this level, effectively creating a major resistance point.

Bitcoin’s nearest resistance zones are now clearly visible on-chain.

STH Realized Price: $82K3m-6m Realized Price: $91K

BTC is currently trading at $77K, still below both key cost-basis levels. pic.twitter.com/iSLfHoE0br

— Axel 💎🙌 Adler Jr (@AxelAdlerJr) April 25, 2026

Meanwhile, the $91,000 level has been identified as the 3m–6m Realized Price, i.e., the average price at which veteran holders acquired Bitcoin. This cohort typically comprises more seasoned participants who have weathered volatility, are less reactive than newer entrants, and exhibit long-term conviction. However, when BTC trades below the 3m–6m realized price, it indicates that this group is largely in the red. Consequently, as the price approaches this level, part of these holders may look to exit at breakeven, inducing selling pressure that creates a key resistance zone.

As Bitcoin bids to exit the bear market that began in October 2025, the premier cryptocurrency must overcome both resistance levels, which would signal renewed bullish conviction among both classes of investors.

Bitcoin Price Predictions

At the time of writing, Bitcoin trades at $78,028, representing a 0.66% gain over the last 24 hours. The leading cryptocurrency is up 12.29% on the monthly chart, largely driven by its bullish performance in April. Amid this rally, CoinCodex analysts are positive on Bitcoin’s prospects, with price targets of $83,262 over the next five days and $80,015 in a month. In the next three months, they predict Bitcoin should trade at $91,575, suggesting slow gains with consolidations in between if this rally persists.

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