BTC Market Analysis 2026.04.20 BTC's rebound from $60K has been ongoing for 70 days as of April 18. If it breaks through the blue resistance line shown in the chart, the probability of an expanded rebound level will increase. At that point, the rebound from $60K will target the $126K-$60K drop, and breaking $78,300 will fully confirm the expansion of the rebound level. The drop from $78,300 is temporarily viewed as a pullback targeting $65,000-$78,333 (orange path) as long as it doesn't break below the red support line shown in the chart. If the daily candle closes below the red support zone and fails to reclaim it, the probability of it developing into a new downtrend will increase. Summary: If the daily candle closes below the red Gann angle line, the rebound from $60K may have been targeting $97,900-$60K and is now complete (black segment shown in the chart), with the move from $78,300 marking the start of a new downtrend. If the daily candle breaks above the blue Gann angle line, the rebound level will expand, and during the Gann time period of 5.1-5.4, there is hope for an upward test of the orange resistance zone. If it faces resistance there, the entire rebound from $60K may conclude, leading to a new downtrend.