Bitcoin Big Volatility Expected as Microsoft & Alphabet Earnings Hit Later Today
Bitcoin is likely to see elevated volatility around April 29, 2026 as earnings from heavyweight US tech names (Microsoft, Alphabet, Amazon, Apple) could drive large moves in US equities that spill over into crypto. Short-term technicals show BTC around $77,000 with immediate resistance at $78K–$79K and an ascending trendline retest possible. Indicators show a breakdown in the daily RSI channel, supporting both a rebound toward $79K and a downside scenario. Bearish paths include slides to $74K then $66K, with a worst-case measured move into the low $40Ks; a collapse to $60K is also contemplated, near a rising 200-week SMA. Overall, the piece blends market commentary on macro/earnings catalysts with technical analysis outlining mixed upside and downside outcomes for Bitcoin.