Bitcoin pulls back from 12-week high as Iran rally hits seller wall at $79,400
Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin pulls back from 12-week high as Iran rally hits seller wall at $79,400By Shaurya Malwa Apr 27, 2026, 5:47 a.m. Make preferred on What to know: Bitcoin briefly hit a 12-week high near $79,400 before reversing in Asian trading, marking a third failed attempt to clear the $79,000 level in eight sessions.Analysts say the $80,000 area is a key breakeven zone for recent buyers, creating selling pressure even as bitcoin is up 16 percent in April and seeing strong institutional accumulation.Traders are watching this week’s Federal Reserve and European Central Bank decisions, along with megacap tech earnings, for a potential catalyst to push bitcoin out of its current range.Bitcoin tagged a 12-week high of $79,399 overnight before sellers
Source: https://www.coindesk.com/markets/2026/04/27/bitcoin-pulls-back-from-12-week-high-as-iran-rally-hits-seller-wall-at-usd79-400
