Bitcoin is attempting a recovery as the BTC/USDT pair climbs toward the $73K level after a sharp decline earlier this year. The chart shows price bouncing strongly from the $60,000 support zone, which triggered renewed buying interest.

In the short term, momentum appears to be improving as price forms higher lows and gradually moves upward. However, Bitcoin is still trading below the major descending trendline and the 99-day moving average, meaning the broader trend remains cautious.

If BTC manages to break above the $75K resistance area, the market could target $80K next. But failure to hold momentum may push price back toward $68K–$70K support.

For now, the market is recovering—but not yet fully bullish.

$BTC $ETH $BNB

ETH
ETHUSDT
2,295.82
+1.32%
BNB
BNBUSDT
616.23
-0.16%
BTC
BTCUSDT
78,250
+2.11%