Currently, the price $BTC is around 74K – a quite sensitive area because above is strong resistance, and below is a liquidity gap.
The first area to pay attention to: 75K.
This is the nearest peak and a major selling zone.
If Bitcoin pushes up and holds above 75K, the market could quickly rise to 78K – 80K.
If it cannot break above 75K, the price may easily drop to test support at 73K.
Previously here, buyers had entered very strongly. If it tests 73K and then bounces back up, the uptrend is still intact.
The most important area: 70K.
This is a major support of the current structure. The market often has a scenario of sweeping down to 70K to shake out traders and then bounces back strongly.
However, if 70K is broken, Bitcoin could fall deep into the 60K – 63K range to seek buying power again.
In summary, remember 3 key levels:
• 75K → breaking up is bullish
• 73K → nearby support
• 70K → the decisive area for the trend.