Bitcoin Price Eyes Higher Range as Analysts Flag Reversal Threat
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Bitcoin reclaimed $72,000 and is trading around $72,757, approaching a resistance/liquidity zone near $73,000–$75,300. Analyst Ali flags $75,300 as a short-squeeze target; Darkfost sees a modest return of risk appetite and increased BTC market exposure. Analyst Ted warns the rebound near ~$73K may reverse after one more push, signaling downside risk to momentum and liquidity.
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- Ali says Bitcoin could move toward $75.3K as short squeeze pressure builds.
- Ted warns the rebound near $73K may end in a reversal after one more push.
- Darkfost sees a modest return in risk appetite as Bitcoin market exposure improves.
Bitcoin price moved higher in recent days and climbed back above $72,000 after a mixed U.S. inflation report. The recovery pushed BTC close to the $73,000 area and brought fresh attention to a key liquidity zone above the market.
According to CoinMarketCap, BTC is trading around $72,757 and near $73,000 after rebounding from a lower range. The move brought focus back to resistance above the market.
Bitcoin Price Approaches Key Resistance Zone
Analyst Ali said in a post on X that $75,300 is “acting as a magnet” for Bitcoin. He said BTC had reclaimed the $72,000 level. The analyst also said a large liquidity pool was sitting a…
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