Bitcoin eyes $72k close to extend rally toward $74k

BTC holds above $70,000 and the 100‑hour SMA. Bulls watch $72,000 for continuation.

Bitcoin (BTC) extended its rebound over $69,200 and cleared $70,000. Price broke a bullish flag near $70,500 on the hourly chart and printed a $71,750 high, then paused near the 23.6% Fib of the $68,971–$71,750 move. NewsBTC, NewsBTC.

Price trades over $70,800 and the 100‑hour SMA. A close above $72,000 opens $73,200, then $74,000, with $75,000 as the next barrier. Source.

If $71,750 rejects, watch $70,400 first, then $70,000. Below that sits $68,800, then $67,250. Main support is $66,500. Source.

• Resistance: $71,750; $72,000; $73,200; $74,000; $75,000
• Support: $70,400; $70,000; $68,800; $67,250; $66,500
• Indicators: MACD turns up; RSI > 50. Source