- BTC is testing a descending trendline near $86K, which has triggered multiple rejections since early March on the 4-hour chart.
- The pattern shows rising lows forming an ascending wedge, increasing tension as Bitcoin coils under the resistance zone with low volume support.
- If BTC clears $86K with strong volume, upside targets include $88K and $91K; failure could lead to $80K or even $77K retests.
Bitcoin is again testing a critical resistance zone on the 4-hour chart, with price coiling near a descending trendline. The market faces a decisive moment as volume weakens and traders await a confirmed breakout or another rejection.
Trendline Resistance Maintains Control
As shown on the 4-hour chart dated April 20, 2025, Bitcoin is pressing against a descending resistance trendline. This level has acted as a firm ceiling since early March, rejecting multiple rally attempts. The trendline currently aligns with the $85,500–$86,000 zone.
Crypto analyst Crypto Patel has labeled this level as the “make-or-break” one in a tweet, urging traders to look for a confirmed break, pointing to the clearly visible previous rejections at the trendline symbolized through red circles. Each such attempt has resulted in price pullback, stressing the reliability of the trendline.
Rising Pressure Meets Weak Volume
Despite repeated rejections, BTC’s lower support levels have steadily climbed, forming an ascending wedge that reflects growing bullish pressure. The recent consolidation under resistance suggests that sellers are losing strength. This tightening range typically precedes a sharp move in either direction.
However, trading volume remains low, noted as just 2.46 in the latest chart data. Crypto Patel warned that without increased volume, any breakout may lack conviction. Traders should remain cautious of potential bull traps where price briefly surges above resistance before falling back.
Breakout Targets and Downside Risks
Should BTC break above the $86,000 resistance with strong volume, upward targets are projected around $88,000, $91,000, and possibly $100,000. The presence of a bullish wedge adds further weight to this potential move.
If rejected again, Bitcoin may retreat to support zones near $82,000–$80,000, with a deeper pullback potentially reaching $77,000. With BTC priced at $84,717.81 as of writing, down 0.55% in 24 hours, market direction remains uncertain. Momentum will likely shift with the next confirmed move.
