Bitcoin price tested the $75,000 band, accompanied by two different positive signals monitored on both monthly and daily charts. The recent increase in trading volume and the new structure seen on the charts draw investors’ attention especially to critical resistance and support levels. The price stuck between Bitcoin’s peak levels in 2021 and 2024 strengthens the expectation of a possible breakout.
Main resistance and support zones were decisive
Cryptocurrency analysts point out that Bitcoin is currently fluctuating between two important levels. The charts show that the price remained above the all-time high of $69,185 in 2021, but struggled to rise above the $73,884 reached in 2024. On a monthly basis, the price is stuck between these two record levels.
Looking at the weekly chart, it is noticeable that Bitcoin has retested its 2021 peak as support. Analysts emphasize the importance of this level, which has been a strong resistance area in the past, now acting as support for the market to continue its upward trend. However, the same approval has not yet been received at the monthly closing.
On the other hand, Bitcoin is having difficulty re-exceeding the all-time high reached in 2024. After a brief transition above $100,000, the price retreated back to $70,000. While sellers maintain the upper hand, the price is still below the 2024 record at weekly closes. If demand increases and there is a weekly close above this zone, the price can be expected to move to the upper $ 70,000 band.
The charts highlight that Bitcoin is stuck between two historical records and a strong move is required for a new breakout.
Breakout signals and $80,000 expectation on the daily chart
On the other hand, the daily chart shows that Bitcoin is approaching the falling trend line under which it has been trading for a long time. This yellow resistance line, which has been suppressing the price since late 2025, was retested with the last price attack. At the same time, the price structure moving within the ascending blue channel seems to have strengthened compared to previous periods of decline.
By rising above the 100-day moving average, Bitcoin tested both the falling resistance trend and reached the critical zone connecting with the ascending channel. This area is important in determining the direction of the price. If buyers gain the upper hand in this compression zone and a clear break occurs, the next target zone stands out as $ 80,000.
Still, experts point out that confirmation of the real breakout is expected to come. It does not seem possible to talk about a new uptrend unless the falling trend line is crossed in a large manner and persists above it. Despite this, it is reported that the latest signals have created a positive atmosphere in the market and the bulls are trying to erode the long-standing low peaks.
