Bitcoin (BTC) price will face a new test this Sunday, April 19, 2026. Following the breakdown of peace negotiations between the United States and Iran, Strait of Hormuz closed again From virtually midnight, transportation of 20% of the world’s oil and liquefied natural gas supplies was paralyzed.
In this scenario of heightened geopolitical tensions, Bitcoin has experienced a slight correction but has managed to hold above the $75,000 support.
The following chart shows the evolution of Bitcoin’s price over the past 7 days.
The closure of the world’s main energy artery is confirmed by maritime traffic data, Imminent global inflation risks.
Massoud Pezeshkian’s government’s decision to withdraw the opening of the Straits will have a direct impact on energy price forecasts. Historically, rising fuel costs put upward pressure on the Consumer Price Index (CPI).
In this context, Expectations for interest rate cuts by the US Federal Reserve (FED) recede The US and other central banks can have a negative impact on the price of Bitcoin, as explained in Criptopedia, the education section of CriptoNoticias.
Despite the geopolitical noise, some remain bullish based on technical analysis. Trader Michael van de Poppe said this morning that the recent profit-taking was a natural reaction to the uncertainty ahead of Monday’s institutional market opening.
Van de Poppe said this volatility has created a sizable “gap” in the CME futures market, which is likely to close in the short term.
Van de Poppe said frankly that as long as Bitcoin maintains a solid base at $72,000, The most likely scenario is a bullish impulse where the price reaches $85,000.
This view is consistent with the previously reported capital flow analysis. Willy WooHe highlighted that for the first time since January this year, capital inflows into BTC-based funds were positive. Bitcoin will exceed $80,000.
The analyst known as ArdiNSC had previously warned of a bearish distribution pattern, but adjusted his forecast to account for the strength of support. For this specialist, the fact that the price is testing $75,000 after a bullish breakout is a basic technical step to confirm that the previous resistance has turned into a liquidity floor.
ArdiNSC warns that a loss of this level will negate the current momentum. “If the price has to go back to the previous range to find buyers, the breakout will lack strength,” he argues. Therefore, maintaining this psychological level is essential to avoid a decline into the USD 60,000 area, where the medium-term moving average is located.
However, not all indicators are clearly bullish. Data provided by CryptoQuant analyst Darkfost reveals that open interest in futures contracts has yet to recover to its October 2025 peak level. Open interest last week reached 334,500 contracts, suggesting that speculative capital remains cautious after suffering massive liquidations a few months ago.
Still, this relative low leverage may be positive for price stability as it reduces the likelihood of liquidation cascades (“squeeze long«) when faced with a sudden downward movement.
Market attention is focused on next Wednesdaythe day the ceasefire in the Gulf officially ends.
