Bitcoin (BTC/USD) Daily Chart Analysis – Apr 3, 2026Bitcoin/USDCAPITALCOM:BTCUSDJunmadayagBitcoin (BTC/USD) Daily Chart Analysis – Apr 3, 2026 Current Price:~$66,864 (sitting right at the key lower support level) Red MA (resistance): ~$70,701 Quick Take: BTC has dropped into the lower part of the Weekly Bear Flag. Price is testing the $66.8k support zone while the red MA at $70.7k acts as strong overhead resistance. Consolidation continues with a potential squeeze building. Technical Indicators RSI(28) remains around ~44 — neutral but leaning slightly bearish, still not deeply oversold. Bollinger Bands are contracting (squeeze in play), signaling low volatility and a big directional move likely ahead. Bullish Case: Strong bounce from $66.8k support + break and close above the red MA at $70.7k. RSI pushes above 50 → squeeze resolves upward, targeting $72k–$76k+ to challenge the flag’s upper trendline. Bearish Case: Clean break and close below $66.8k support. Bear flag completes its downside resolution → further drop toward $60k or lower, with red MA staying as resistance. With price hugging the lower flag support at $66.8k, do you see a bounce back toward the red MA or a breakdown? Tell me your call below! Indicator Settings: Bollinger Band: EMA 50; STD DEV 2.5 RSI: Period 28; SMA 50 #Bitcoin #BTC #BearFlag #BollingerSqueeze #RSI #CryptoTrading #TechnicalAnalysis