#bitcoin is once again testing a key resistance zone, and the reaction here could define the next major move.
Price has pushed back into the $74K region after a strong recovery from recent lows, but this area has historically acted as a supply zone, where selling pressure tends to step in.
The structure shows a clear shift in momentum, with higher lows forming and buyers gradually reclaiming control. However, the latest rejection wick suggests that sellers are still defending this level aggressively. This creates a classic decision point—either a clean breakout with continuation, or another rejection leading to a pullback.
If $BTC manages to hold above the current range and flip this resistance into support, it opens the door for a move toward new highs. On the flip side, failure to sustain above this zone could trigger a retracement back into the $70K–$71K region, where demand previously stepped in.
