A next target for bitcoin would be $86,000, according to Michaël van de Poppe.
The market does not follow “maps” or fixed objectives, says Jean Michel Libera.
The price of bitcoin (BTC) touched $79,000 this Wednesday, April 22, 2026, after registering a daily rise of 2.67% and 5.6% weekly. The rise has generated immediate reactions among analysts and investors, who move between caution and optimism.
This market recovery coincides with an easing of geopolitical tensions in the Middle East. US President Donald Trump announced an indefinite extension of the ceasefire with Iran. The measure seeks to facilitate peace negotiations in a conflict that keeps the Strait of Hormuz blockeda vital maritime passage for the global oil industry, as reported by CriptoNoticias.
Given this panorama, the trader and market analyst Lennaert Snyder stood out that “BTC just surpassed the previous weekly high.” According to the specialist, such a technical break invalidates short-term bearish projections. “This means that the previous weekly low of $70,566 is no longer a target for me this week,” the analyst said.
Snyder explained that now focuses on higher level validation. “Right now, I’m only interested in two scenarios,” he said. The trader explained that if a “retest» or return to the $76,927 level to fill a daily imbalance, will look for new purchases. However, he warned that he will closely monitor the $79,360 area for possible profit taking.
For his part, the investor Jean Michel Libera questioned the rigidity of these analyses. Libera responded to Snyder by pointing out that the market “doesn’t care” about specific price targets. “Expansion beyond a weekly maximum is usually a hunt for liquidity rather than a structural change,” the specialist argued.
With this statement, Libera suggests that the price rises momentarily to trigger buy orders from other traders before reversing. “Relying on fixed price levels like $79,360 ignores the reality of institutional order flow,” he said. For Libera, big capital operates in areas of inefficiency and not in “arbitrary decimals.”
For his part, trader Michaël van de Poppe held that the current momentum is solid. However, he warned of an imminent obstacle. “Crucial resistance at $79,000 has a lot of short selling to overcome,” he said. A resistance is a price level where historically supply exceeds demand, slowing the rise.
Van de Poppe predicts the price could retreat briefly “to catch its breath” before seeking $86,000. Furthermore, he stressed that bitcoin’s strength is beginning to shift towards altcoins. This suggests that, if the breakout is consolidated, the rest of the cryptocurrencies in the market could experience similar increases due to general optimism.
Analyst Willy Woo agrees, as CriptoNoticias reported on April 13, that market conditions are “healing.” Woo explained that liquidity, or availability of money to operate, is recovering satisfactorily. The trader highlighted that the direct purchasing sector remains firm, although he stressed that “$80,000 remains the key test level” to confirm the trend.
For her part, Carolina Gama, country manager for Argentina at Bitget, commented in a statement shared with this information portal:
The asset is now testing a critical resistance zone between $78,000 and $79,000, where there are around $180 million in short positions that could be liquidated, opening room for an acceleration towards the psychological level of $80,000 in the event of a breakout. Furthermore, the market still presents a delicate balance, with nearly $71 million in bullish bets that could be liquidated if the price falls back below $77,300, creating a more defensive and potentially volatile environment in both directions. This scenario can generate sharper movements, especially if there is a massive liquidation of positions, which tends to amplify the price direction.
Carolina Gama, Country Manager of Bitget.
Gama adds that, “from a technical point of view, bitcoin maintains a positive structure by trading above the 50- and 100-day moving averages, with resistances at $78,962 and $80,000, while the relevant supports are located in the $75,000–74,000 area. In general, the scenario favors the continuity of the upward trend, although with high volatility in the short term due to the concentration of liquidity at these key levels.
The sustainability of this rally now depends on a balance between forces. The market requires bitcoin to consolidate its support above $78,000 as peace talks evolve. Although political stability in the Middle East acts as a bullish catalyst, the sector remains in an area of high technical and fundamental sensitivity.