April 30, 2026

$BTC Short-Term Struggle

$BTC Short-Term Struggle

$BTC Short-Term Struggle

$BTC Short-Term Struggle

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Gxvn


$BTC Short-Term Struggle

Despite $BTC breaking to the upside recently, Bitcoin has not only retraced, but has begun breaking key support levels within the OBV oscillator. OBV beginning to break levels of support is the calm before the storm – especially while under areas of supply. As long as these current conditions hold under $40k, I expect ~$37k & possibly ~$35k. Lots of volatility as of late.

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