Bitcoin is back near a demand area where a deeper pullback could improve long-term risk-reward instead of automatically breaking the broader bull trend, which is why traders are mapping layered accumulation bands rather than guessing one exact bottom.
TLDR Keypoints
- $63,111-$70,685 is the first reported BTC holder-defense band in Martinez’s ladder, and $60,000-$69,000 is the main demand zone in Glassnode’s broader on-chain view.
- Benzinga’s summary puts the next retest area at $56,000-$60,000, with deeper structural supports near $47,960 and $49,387.
- At the research snapshot, $68,725 BTC traded inside that demand zone, even as accumulation data stayed weak.
At the research snapshot, CoinGecko’s public Bitcoin page showed BTC at $68,725, down 1.2% over 24 hours. The same CoinGecko market snapshot put Bitcoin’s market cap at $1.38 trillion and 24-hour volume at $44.89 billion.
In an April 6, 2026 X post, Ali Charts said he mapped Bitcoin’s high-probability accumulation zones from historical patterns and on-chain metrics and wrote, “Instead of guessing, we follow the data.” Because the full seven-post thread was not directly retrievable, the detailed ladder below follows Benzinga’s summary and Coindoo’s matching report rather than an independently retrieved full thread.
1/7 Has Bitcoin $BTC bottomed?
After analyzing multiple historical patterns and on-chain metrics, I’ve mapped out the high-probability accumulation zones.
Instead of guessing, we follow the data. Here is the blueprint for the next bull market.
— Ali Charts (@alicharts) April 6, 2026
Why A Deeper BTC Pullback Could Create Better Accumulation Zones
Short-term pullback logic
Benzinga’s summary of Martinez’s map places the first major BTC support cluster between $63,111 and $70,685 based on URPD data. Coindoo independently repeated that range and said $63,111 is where holder defense becomes structural.
Glassnode’s Feb. 25 Week On-chain report labeled $60,000-$69,000 as Bitcoin’s main demand zone, so a drift into the low end of the first band would still be testing a data-backed support area rather than automatically signaling trend failure. The same Glassnode report said nearly 9.2 million BTC were held at a loss and the Accumulation Trend Score stayed below 0.5, which argues for scaling rather than chasing the kind of breakout move covered in Top Crypto News, Apr 7: Why Bitcoin Briefly Jumped Above $70,000.
Higher-timeframe accumulation logic
Benzinga places the next deeper long-term trendline support at $56,000-$60,000 and notes prior touches preceded major rallies. That makes this retest zone more relevant for conservative buyers who want higher-timeframe confirmation instead of an aggressive first touch.
Because Benzinga’s second band sits at $56,000-$60,000, dips into that area may attract slower but more durable bids than momentum chases above resistance, especially if capital keeps concentrating in spot vehicles and cash-like crypto rails, a shift discussed in Crypto Apps Are Shutting Down as Bitcoin ETFs and Stablecoins Rise.
Deeper pullback scenario
Benzinga’s summary places the CVDD structural base near $47,960 and the long-term holder realized price near $49,387. The same ladder maps the MVRV 0.8 band near $43,647 and deeper downside risk near $36,657.
Those are capitulation supports, not the base case, because Glassnode’s broader demand data still sits much higher at $60,000-$69,000. They only come into view if ETF flows, inflation expectations, or the Fed path deteriorate enough to break the main demand band, a macro backdrop that also keeps policy stories like SEC Crypto Fight Could Shape Who Controls Tokenized Stocks on traders’ radar.
ON-CHAIN MAP
- Spot context: BTC at $68,725 with $44.89 billion in 24-hour volume.
- Immediate support: $63,111-$70,685 URPD cluster.
- Demand confirmation: $60,000-$69,000 main demand zone.
- Deeper retest: $56,000-$60,000 decade-trend support.
- Capitulation shelf: $47,960-$49,387 structural base zone.
How To Approach BTC Opportunity Without Chasing Or Catching A Falling Knife
Aggressive dip buyers can start with staggered entries inside the first URPD band if price reacts there, but Glassnode’s Accumulation Trend Score below 0.5 argues for smaller size while momentum is weak. Conservative participants can wait for a reclaim after the flush, because weak accumulation data makes failed bounces more likely than clean V-shaped reversals.
That is the difference between investing, swing trading, and speculative dip-buying. Investors can spread buys across the first and second zones over time; swing traders need confirmation from the same $60,000-$69,000 demand data and nearby volume structure; speculators trying to catch a falling knife should remember that the zone-by-zone sequencing beyond the opening post comes from secondary summaries, so discipline matters more than perfect price precision.
For the next few sessions, the clean read is simple: hold the $63,111-$70,685 band and BTC can keep this move in accumulation territory; lose it and the market starts testing the $56,000-$60,000 decade trendline before the deeper structural bases become relevant. That is a more useful framework than trying to call one exact bottom.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.