Bitcoin has risen 1.6%, reaching $75,527 after bouncing back from the support level of $74,000. The last 24 hours have seen a significant trading range between $74,061 and $76,531, accompanied by robust trading volume of $12 billion. The moving averages indicate a bullish trend, with the MA7 at $75,377 and the MA25 at $71,269 positioned below the current price, while the MA99 at $73,805 is also beneath this level—creating an exceptional full bullish formation. The performance metrics present a mixed picture: an increase of 4.4% over the past week, up 7.3% in the last month, yet down 15.6% over the previous three months and down 30% over the last six months. The chart illustrates BTC's recovery from the previous lows around $64,000. The key resistance level sits at $76,500, which marks the highest point in the last 24 hours. If it surpasses this point, the next target could be $78,000. Support remains established at $74,000. Currently, the momentum appears to be positive, albeit cautious. Keep an eye on volume confirmation for any breakout.@249PRO #BTC $BTC
BTC
75,932.81
-0.16%
ETH
2,269.61
-0.61%
BNB
618.4
-0.71%
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