Bitcoin Price Builds Its First Breakout Setup of April, but One Metric Dropped Over 50%
April 10, 2026 · 8:27 AM
Bitcoin price today trades near $71,800, up roughly 2.9% over the past month. A bullish pattern on Bitcoin’s (BTC) daily chart now points to an 11% breakout target. Yet the data behind the rally tells a cautious story. Bitcoin open interest has dropped, spot outflows have halved, and long-side conviction is well below earlier levels. The post Bitcoin Price Builds Its First Breakout Setup of April, but One Metric Dropped Over 50% appeared first on BeInCrypto.
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