$BTC
BTC
66,688.62
+0.43%
BTC Testing Key Resistance
On the 4H timeframe, Bitcoin is pushing back into a major resistance zone around $74K, a level that has previously acted as a strong rejection point.
Price has now printed multiple equal highs, which means liquidity is likely sitting just above this area. If bulls manage to break and hold above this level, we could see a strong continuation toward new highs.
However, if this level rejects price again, a short-term pullback to build support wouldn’t be surprising.
For now, all eyes are on this $74K breakout attempt.