Bitcoin is currently trading around $76,500 – $77,000 after a strong recovery in May.
After dipping below $70K earlier this year, $BTC has shown impressive resilience with solid ETF inflows and institutional buying. The post-halving supply shock is still playing out, and demand remains high.
Key Technical Levels I'm Watching:
Support: $74,000 – $72,000 (strong buying zone)
Resistance: $78,000 → $82,000 → $85,000
If Bitcoin clears $78K with good volume, we could see a quick move toward $82K–$85K in the coming weeks. The weekly chart is forming a nice higher low pattern, which is very bullish.
Why Bullish?
Record inflows into Bitcoin ETFs
Improving global liquidity expectations
Strong on-chain metrics (whales accumulating)
Historical post-halving cycles still favor upside
Risks: A drop below $72K would invalidate the short-term bullish view and might test $68K–$65K.
My Take: This looks like a good accumulation zone for long-term holders. Short-term traders can look for entries above $78K with tight stop-loss.
What do you think? Will $BTC hit $85K before July? Drop your thoughts below