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Updated 17 April 2026 at 15:41CoinCex editorial review

Bitcoin Climbs as Hormuz Reopening Eases Pressure and Buyers Maintain Control

#Markets and Prices Bitcoin (BTC) Bitcoin Price

Bitcoin has cleared prior resistance and continues trending upward. Buyers are pushing price into new local territory around $78K, and the breakout structure holds with a series of higher highs. Demand remains steady.

Bitcoin extends its breakout above prior resistance, signaling strong upward momentum as buyers push price to fresh local highs. The move reflects sustained demand and trend continuation, with bitcoin holding firm near peak levels. Key Takeaways: Bitcoin pushes toward $78K as strong buying momentum drives continued upside. Chart confirms bullish breakout with higher highs supporting […]
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Bitcoin Climbs as Hormuz Reopening Eases Pressure and Buyers Maintain Control