Bitcoin consolidates above $74k, eyes breakout over $75.2k resistance level

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Bitcoin clears $74.2k, taps $76,088; watch $75.2k cap

Bitcoin broke above $74,200 and hit $76,088. Price holds above $74,200 and the 100‑hour SMA. Source.

A falling channel caps at $75,200 on the hourly chart. Data feed is Kraken. A close above $75,200 opens $76,000, then $77,500–$78,000. Staying above $74,000 keeps the bid. Details.

  • Immediate resistance at $74,800 and $75,200. Next at $76,000. Levels
  • Supports at $73,950 and $73,300. Next at $72,650, the 50% Fib of $70,518–$76,088. Levels
  • Risk below $72,000 to $71,850 main support. Risk
  • MACD turns more bullish. RSI sits above 50. Indicators
  • Price trades above the 100‑hour SMA. Context

Bitcoin hourly price action with key levels