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ETH, SOL, DOGE slide as Bitcoin fails to break $73,000 for the third time since the ceasefire
The level that has capped every rally during the six-week war remains intact, with analysts saying $75,000 needs to break before the market enters a genuine bullish phase.
Apr 10, 2026, 4:55 a.m.
What to know:
- Bitcoin is trading in a tight range between $70,000 and $73,000, repeatedly failing to break above $73,000 even as it posts its strongest weekly gain of the Iran conflict and holds above its rising 50-day moving average.
- Analysts say bitcoin will need to clear higher thresholds — at least $75,000, and potentially consolidate above $74,000 before breaking $80,000 — to confirm a renewed bullish phase.
- Ether and other major tokens are also range-bound while some altcoins slide, as geopolitical tensions over a fragile Iran ceasefire and a partial reopening of the Strait of Hormuz keep markets cautious and oil prices volatile.
But $73,000 is seemingly a wall. The level has capped bitcoin three times since the ceasefire was announced on Tuesday — each attempt producing a rally that faded within hours. The pattern is identical to the pre-ceasefire range, just shifted higher. Instead of grinding between $65,000 and $73,000, bitcoin is now grinding between $70,000 and $73,000.
“We will need to wait for the price to rise above $75,000 before we can speak of the market entering an active bullish phase,” said Alex Kuptsikevich, FxPro’s chief market analyst, in a note to CoinDesk. He added that bitcoin remains above the 50-day moving average, reinforcing short-term bullish sentiment, but flagged the repeated rejection at $73,000 as the barrier that needs to break.
