Bitcoin & NAS100 analysis 5th April 2026
BTC and the CryptoMarket are still trading in negative conditions. In the prior updates I suggested the ltf was neutral / slightly positive and a move towards range highs was likely and BTC hit $76,000 and subsequently got hit back down to $65,000. A loss of $63,300 in this phase would be quite a negative occurrence and would indicate the period of risk into the synced low is underway. My bias remains that BTC will eventually have to move external to the current range with targets below $50,000 very likely in play. The NAS is very likely now in its own bear market when it moved through the key level pointed out some weeks ago and that could get hit hard later in 2026.