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Bitcoin holds above $74K amid whale buying and selling, eyeing a potential breakout past $75K.

Technical Signals
16 Apr 2026
AMBCrypto
View Source
Bullish
pluang ai news

Bitcoin has maintained a price above $74,000 for three consecutive days, showing short-term stability after retreating from a recent high near $76,000. Whale activity has increased, with large orders indicating both buying and selling, creating a balance between accumulation around $70K–$74K and selling pressure near $75K, which acts as strong resistance. On-chain data shows new wallets withdrawing significant BTC from exchanges, signaling fresh accumulation despite price gains. The market remains in a narrow range with positive momentum, and the next move depends on whether buyers can overcome the $75K resistance to push prices toward $78K–$80K or if a pullback to around $70,500 will occur.

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