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Bitcoin dips below $76.5K amid rising miner sales, risking pullback unless it reclaims $78K resistance.

Technical Signals
18 Apr 2026
CoinPedia
View Source
Neutral
Bitcoin dips below $76.5K amid rising miner sales, risking pullback unless it reclaims $78K resistance.

Bitcoin price recently fell below $76,500 after testing resistance near $78,000, with miner selling increasing and adding supply pressure. While rising open interest and negative funding rates hint at a possible breakout and short squeeze toward $82,000+, the lack of strong volume and growing miner distribution suggest caution. If Bitcoin fails to break above $78,000 decisively, it may pull back to support levels around $72,000–$74,000. The market remains balanced but poised for a key move soon.

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