Bitcoin is starting to build momentum again.
On the 1H $BTC /USDC chart, price is currently trading around $72,100, pushing close to the 24-hour high near $72,213. After consolidating in the $71K–$71.7K range, buyers stepped in with a strong bullish candle that broke short-term resistance.
The structure on the chart shows a series of higher lows, suggesting buyers are gradually gaining control. Each pullback has been quickly absorbed, which is often a sign of underlying demand building in the market.
Key levels traders are watching right now:
• Resistance: $72,200 – $72,500
• Support: $71,700
• Major support: $71,200
If Bitcoin manages to hold above $72K, momentum could push the price toward the $73K–$74K range in the short term. However, a rejection at this level could send price back to retest the $71.7K support zone.
For now, the trend on the lower timeframe remains bullish with steady accumulation, and the market is watching to see whether BTC can turn this breakout into the next leg higher.