Bitcoin tests $76K resistance after breaking above $75K

Bitcoin hits $75,998, then pauses. Bulls eye a break above $76,000 to extend the move.

Bitcoin (BTC) jumped above $73,200 and $74,000, then cleared $75,000 to a $75,998 high. The move followed a supported setup near $72,500, per prior NewsBTC analysis.

Price trades above $74,000 and the 100‑hour SMA, which keeps bias positive, per NewsBTC. A bullish trend line holds near $71,650 on the hourly chart.

Key levels to watch:
- Resistances: $75,500, $76,000. A close above $76,000 opens $76,800, then $78,000. Next barrier sits at $80,000.
- Supports: $74,500, $73,200 (50% Fib of $70,293–$75,998), $72,000, $71,200. Main support at $70,000.

Momentum signals:
- MACD on hourly gains in the bullish zone.
- RSI holds above 50.

Context and prior setup: BTC remained supported before the breakout, see NewsBTC. Price continues to trade above the 100‑hour SMA, per NewsBTC.