Around the Block | 15
Macro price action, on-chain data, and market structure. No noise.
April 20, 2026 | By William Sanchez Jr., Founder of A.W. Block
Bitcoin broke the rectangle it spent ten weeks building. The daily took out $73,073 and extended to $78K before giving some back, which is the first real stress on the weekly markdown narrative since the February breakdown.
The lens this week is timeframe alignment. Daily structure has repaired. The weekly has not. The retest of the broken level is where these two frames either converge or diverge, and that answer matters more than any narrative you can put on top of it.
Price does the talking from here. The levels are defined. The probabilistic framework follows structure, not story.
None of this is financial advice.
Don’t trust, verify.
Let’s dive in.
