Powell's Final Fed Meeting vs Bitcoin's $86,852 Target: Top Analyst Aksel Kibar Updates BTC Price Outlook for New Week

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. By the start of the final week of April, Bitcoin ($BTC) is trading around $78,132 , coming right up against the upper boundary of a prolonged descending channel. This week will be decisive for the trend throughout the summer, as technical charts collide with key Federal Reserve decisions. Advertisement Popular analyst Aksel Kibar , known for his conservative approach and whose technical analyses have earned recognition from figures such as Peter Brandt, maintains cautious optimism. In his view, the price of Bitcoin is currently at a critical point, but there is a magnet at $86,852 - this is where the 365-day average price lies, acting as the main target of the current impulse. Bitcoin price technical analysis by Aksel Kibar, Source: Aksel Kibar's X Why Kibar is waiting for one specific signal to turn bullish Kibar emphasizes that he will turn outright bullish only after a confident breakout above the upper boundary of the channel. According to him, a move beyond the positive extreme typically triggers a chain reaction and rapid growth. HOT Stories Wall Street Still Controls XRP Prices, New Research Shows Satoshi's Final Bitcoin Advice Turns 15 Years; Attack on Litecoin: Was It an Inside Job? Top Devs Weigh In; Dogecoin Targets $0.1 Resistance with 30% Upside Expected - Morning Crypto Report In this context, the $76,500 and $72,000 levels remain key support zones. Holding them is a necessary condition for the bullish scenario to play out. Advertisement Quick test of year-long average. I will start looking for bullish entries only above year-long average. — Aksel Kibar, CMT (@TechCharts) April 26, 2026 You Might Also Like Sun, 04/26/2026 - 13:40 Satoshi's Final Bitcoin Advice Turns 15 Years; Attack on Litecoin: Was It an Inside Job? Top Devs Weigh In; Dogecoin Targets $0.1 Resistance with 30% Upside Expected - Morning Crypto Report By Gamza Khanzadaev The calendar of events adds further intrigue. On Wednesday, April 29, the Federal Reserve will announce its rate decision, with an expected range of 3.50-3.75%. This meeting is being called historic, as it may be the last for Jerome Powell as head of the institution. Advertisement The market is speculating whether he will leave as a hawk, maintain high rates, or soften his rhetoric ahead of his departure on May 15. Immediately after that, on Thursday, April 30, U.S. GDP data will be released. These figures will answer the main question of the year: has the economy managed to avoid stagflation, or will pressure on risk assets, including Bitcoin , intensify? #Bitcoin Price #Bitcoin Price Prediction #Bitcoin #Federal Reserve