VirtualBacon: Bitcoin at $75K. Bull Market or Bear Rally?


📝 Quick Summary

Source: Youtube Virtual Bacon

Type: Video

Published: April 14, 2026 at 07:28 PM (about 3 hours ago)

Topics: BITCOIN

Video Description

Bitcoin just touched $75K. Is this the start of a new bull market or just a bear market rally? The answer is in the charts. On the daily timeframe, BTC made a higher high above $75K, confirming a short-term uptrend. On the weekly timeframe, it needs to clear $94-98K (50-week SMA and weekly higher high) to confirm a real bull market. The resistance ladder: $78K, $84K, $88K, and the bull/bear pivot at $94-98K. Today I go through every chart: BTC daily vs weekly, gold at $4,800, S&P above its 200-day, VIX at 18, SOX at all-time highs, Mag-7 valuations, Core PCE at 3.0%, and the two catalysts that matter: FOMC April 28-29 and Core PCE April 30. Plus the Trump TACO trade and why the market keeps buying the dip.

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📊 Why This Matters

This video from VirtualBacon provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.

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