Bitcoin Retests April Lows: What’s Next for Bitcoin?

Key insights

Bitcoin swept April 2025 lows near $73K before rebounding, hinting at dip-buying interest at key support.

A spike in trading volume suggests strong whale activity as BTC retested support during broader market weakness.

Holding $74,500 could enable a push toward $82K–$84K, while a breakdown risks deeper downside.

Bitcoin’s short-term outlook is back in focus after weak performance that pushed the asset to price levels that have not been witnessed since April 2025. The broader crypto market experienced heavy selling pressure, with Bitcoin briefly dipping below a key support zone before attempting a rebound.

On Monday, Bitcoin dropped to a minimum of $72,911, dipping below the April 7, 2025 low of $74,441. After the deep drop, BTC was able to recover a modest gain, ending the day at $75,715, which indicated the early signs of dip-buying behavior.

Bitcoin Volume Spike: U.S. Shutdown Deal Support Price Rebound

The decline below $73,000 was matched with a discernible spike in trading volume, a signal that market participation increased during the correction.

According to MN Fund founder Michael van de Poppe heightened spot volume during a retest of major support often indicates aggressive positioning by larger market participants. Although it is not clearly known whether the whales were selling or buying, the rapid recovery is an indication that demand intervened to support the April lows.

Van de Poppe also pointed out that the retest coincided with the resolution of the recent U.S. government shutdown. The shutdown, which began over the weekend, ended after the U.S. government approved a $1.2 trillion spending bill, later signed into law by President Donald Trump. The removal of this macro uncertainty may have contributed to Bitcoin’s short-term stabilization.

What next for Bitcoin?

Looking ahead, Van de Poppe expects Bitcoin to remain in a sideways consolidation phase in the near term. Early price action supports this view, with BTC retracing close to 1% at the start of today’s session. However, the $74,500 region will hold as support, allowing Bitcoin to form a higher low—thus confirming a classic bullish continuation setup.

Source: X

#Bitcoin is fighting for that higher low.

If it holds, that would be a great sign for continuation to $82-84K.

If not, then test at $69.7K is the next level (previous ATH in 2021).

Again, I’m looking for longs rather than shorts in this region. pic.twitter.com/WAF1dcuKCm

— Michaël van de Poppe (@CryptoMichNL) February 4, 2026

If this structure holds, BTC could stage a recovery toward the $82,000–$84,000, representing a 9% to 11% upside from current levels around $75,160. Technical analysis also indicates that a continued upward trend might ultimately drive BTC to a resistance point around $91,892.

That said, the outlook remains speculative. A failure to hold the $74,500 support could expose Bitcoin to deeper downside if bearish pressure intensifies.

This article was originally published as Bitcoin Retests April Lows: What’s Next for Bitcoin? on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.