{"id":590634,"date":"2026-04-28T03:53:12","date_gmt":"2026-04-28T03:53:12","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/28\/bitcoin-support-resistance-flip-in-play-as-longs-to-shorts-delta-highlights-bullish-bias\/"},"modified":"2026-04-28T03:53:12","modified_gmt":"2026-04-28T03:53:12","slug":"bitcoin-support-resistance-flip-in-play-as-longs-to-shorts-delta-highlights-bullish-bias","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/28\/bitcoin-support-resistance-flip-in-play-as-longs-to-shorts-delta-highlights-bullish-bias\/","title":{"rendered":"Bitcoin support resistance flip in play as longs to shorts delta highlights bullish bias"},"content":{"rendered":"

\"Bitcoin<\/p>\n

Bitcoin pulled back to retest $76,500 as support, but the long-to-short delta indicates bulls have a significant advantage if the range highs are reclaimed. <\/p>\n

Bitcoin bulls fell $515 short of their $80,000 target after BTC (BTC) topped out at $79,485 on Monday, but a potential upside is that the brief pullback provides a necessary retest of key underlying levels.\u00a0<\/p>\n

In technical analysis, a break of structure is generally followed by a support-resistance retest as swing traders take profits at preset levels that align with metrics such as the Fibonacci retracement, exponential moving averages, Bollinger Bands, order book structure, and more.\u00a0The support-resistance flip is also a feature traders look for to confirm that a longer-term resistance (in this case) has turned into support. When confirmed, it gives some traders the confidence to open new positions at the S\/R level as they believe the break of structure and retest marks either the completion or the start of a trend reversal.\u00a0<\/p>\n

After managing the first decisive breakout from the 3-month-old channel, Bitcoin retested the channel resistance (at $76,688) that had pinned down every BTC rally since Feb. 8. A deeper retest could see the price drop to the 20-day moving average at $75,250, and then confirmation of the S\/R flip would entail daily candle closes above the former trendline resistance.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin pulled back to retest $76,500 as support, but the long-to-short delta indicates bulls have a significant advantage if the range highs are reclaimed. Bitcoin bulls fell $515 short of their $80,000 target after BTC (BTC) topped out at $79,485 on Monday, but a potential upside is that the brief pullback provides a necessary retest […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-590634","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/590634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=590634"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/590634\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=590634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=590634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=590634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}