Buyers push Bitcoin toward $79,000 resistance

Bitcoin rebounds; $79k test next. Break above opens $98k–$109k.

Bitcoin bounced after a quick selloff. Buyers defend key support and aim for $79,000 resistance breakout.

Analysts flagged heavy selling on the first reaction to yesterday’s news, but the rally setup remains if $73,371 holds here. Kamile Uray says the short‑term structure stays intact above that low source.

A 4h close under $73,371 risks a drop toward $68,720, the 0.618 retracement of the latest leg up details.

On strength, a decisive close above $79,000 would confirm trend continuation. Next major resistance sits at $98,000 and $107,000–$109,000 levels.

Michaël van de Poppe notes a strong Monday bounce and eyes the weekly gap around $77,300 as a near‑term magnet, with scope for new highs this week comment, context.

• Resistance to watch $79,000. Break above targets $98,000–$109,000 read, read
• Support to defend $73,371. Below it points to $68,720, 0.618 retracement view, view
• Weekly gap focus $77,300. Traders watch for fill and possible new highs update, update