Bitcoin (BTCUSD) Price Forecast: April 24
Following the fourth Bitcoin Halving on Friday, the crypto price is likely to continue its uptick trend as the pair is facing an increase in buying pressure at the moment. Amid the recent price jump, the coin is attempting to regain the previous high at $73709.99 level. In case the bulls’ pressure breaks up the above-mentioned resistance level, the coin price may increase further to a $76000.00 high trend line, bringing significant gains across major coins in the crypto market, which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $64000.00 $65000.00, $66000.00
Support Levels: $430000.00, $42000.00, $41000.00
BTC (USD) Long-term Trend: Bullish (Daily Chart)
BTCUSD may continue its uptick trend as it remains bullish on the higher time frames. This is clear as we can see the prices trading above the moving average lines indicating an uptrend.
However, the bulls’ previous action at the $65463.08 high level in the past few days has sustained the coin price to continue its uptick trend above the trend line in its recent price level.
At the time of writing this article, the Bitcoin market is losing bearish momentum as it rises to a $66884.95 high level above the moving averages as the daily chart begins today. This is due to a high bullish impact on the market price.
Hence, with this post-halving surge, the crypto price may continue its uptick trend to hit the $73709.99 high barrier soon, which could lead to a broad recovery rally.
Also, the momentum indicator which is pointing up indicates that the price of BTCUSD is in an uptrend and may continue its uptick trend to hit the $76000 supply level and beyond soon in the higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The BTCUSD pair turns positive today. The price may also continue its uptick trend as it trades strongly above the supply levels in its medium-term time frame. This looks nice for the buy trader and signifies a buy signal. 
The coin has been having an interference with the long traders following the Bitcoin Halving on Friday which made it possible for it to continue its uptick trend and maintain the upward strength in its recent high.
The coin price trading above the moving averages on the 4-hourly chart at the $66799.01 resistance level at the moment is an indication of a more bullish impact in the market. Bitcoin is trading in a “Rising Channel”, making higher highs and higher lows, showing signs of bullishness. This will enable the buyers to influence the price tendency and also continue the uptick trend to reach the $72631.19 supply level which will enable buyers to reclaim trend control.
Notably, the BTCUSD price is pointing up indicating an uptrend as shown by the price indicator; it means that the bulls might continue the uptick trend. As a result of that, the uptick trend might reach the $76000 upper resistance level in the coming days in its medium-term outlook.
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