Cointelegraph4/22/2026Crypto
Bitcoin Rallies to $78,000 as Analysts Declare 'Real Rally Has Begun'
Profitability metrics suggest uptrend underway, but $84,000 resistance could cap upside
Quick Look
- Bitcoin's surge to $78,000 marks a 26% recovery from its February low below $60,000, with profitability metrics SOPR and NUPL signaling the start of a new bull cycle.
- Analysts warn stiff resistance at $84,000, where 1.1 million BTC sits at break-even, could trigger selling pressure.
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Bitcoin's surge to $78,000 marks a 26% recovery from its February low below $60,000, with profitability metrics SOPR and NUPL signaling the start of a new bull cycle. Analysts warn stiff resistance at $84,000, where 1.1 million BTC sits at break-even, could trigger selling pressure.
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This article was originally published by Cointelegraph.
