Bitcoin consolidates; breakout above $76,000 could target $77,500 and $78,000

Bitcoin hits $75,998 and pauses. Price holds above $73,500.

Bitcoin extended gains above $73,500 and cleared $75,000, tagging $75,998. It now consolidates near $75,000, with upside momentum intact, per NewsBTC.

BTC trades above the 100‑hour SMA. A bullish trend line supports at $72,000 on the Kraken hourly chart, per NewsBTC.

Key levels:
- Resistance: $75,000, $75,500, $76,200, $77,500, $78,000
- Support: $73,800, $73,150 (50% Fib of $70,292–$75,998), $72,000, $71,650, $71,200

A close above $75,500–$76,000 opens $76,200 next. Failure at $75,000 risks a move to $73,800, then $73,150 and $72,000.

Signals:
- MACD slows in bullish zone
- RSI holds above 50

Sources: NewsBTC analysis on the latest rally, NewsBTC on 100‑hour SMA context