#BTC/USDT Bitcoin has given a strong weekly close near $74K, marking its highest weekly level in almost 5 weeks. On the daily timeframe, it’s formed an equal high, highlighting a key resistance zone. The price is currently below the 50-day EMA but is compressing between the 50 EMA and 12/21 EMA bands. This kind of price action often signals a bullish move after consolidation, where momentum builds gradually. If global markets stay strong this week, Bitcoin could push toward $75K. Key Level: • $75K breakout → strong bullish continuation possible • Rejection at $75K → short-term pullback likely before the next move $BTC
BTC
76,761.29
-1.62%