Bitcoin Price Prediction: Will BTC Stay Stuck in Consolidation Through the Weekend?
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Bitcoin is trading at $77.3k after nearly two weeks of consolidation in the $75k–$80k range, with short-term support at $75k holding and funding rates positive again, signaling market calm rather than panic in crypto markets. The ascending channel from February remains intact and the lower boundary is rising toward $72k while the 100-day moving average climbs toward the same zone, presenting a bullish technical backdrop for price action.
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Bitcoin is trading at $77.3k to close out the week, locked in a consolidation that has now been running for nearly two weeks around the $75k–$80k range. The ascending channel from February is intact, the short-term support zone at $75k is holding, and the funding rates are positive again. This shows a market that is neither panicking nor rushing. What is building beneath the surface may matter more than what the price chart is showing.
Bitcoin Price Analysis: The Daily Chart
On the daily timeframe, the ascending channel continues to provide the macro framework, with the lower boundary rising toward $72k and the 100-day moving average also rising just above the same zone.
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Coins
$ 64.31K
+0.75%
$ 0.00185
+2.77%Predictions Markets
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In This News
Coins
$ 64.31K
+0.75%$ 0.00185
+2.77%Predictions Markets
See what traders are focused on
Share:
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