Bitcoin trades above $72,000, targets $73,250–$75,000 next

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Bitcoin trades above $72,000, targets $73,250–$75,000 next

Bitcoin holds $71.5k, eyes $73.25k breakout

Bitcoin jumped above $71,500 and $72,000. Price consolidates near $72,000.

Bulls defended $71,500. A bullish flag broke at $71,250. The move topped at $73,130, then retraced to the 50% Fib of the $70,536–$73,130 leg.

Price trades above the 100‑hour SMA. A close over $73,250 opens $74,000. Then $74,500. Next target sits at $75,000.

A rejection at $73,250 risks a dip. Supports: $71,500, then $71,250 and $70,500. A deeper slide points to $70,000. Main support is $69,500.

Momentum holds. Hourly MACD turns up. RSI stays above 50.

Bitcoin intraday price action and key levels

Original publication

Authors credited by the source: Aayush Jindal

Published by Holder based on an external source.