ChainCatcher reports that, according to CoinDesk analysis, Bitcoin has risen about 10% this week to above $72,000, briefly surpassing $73,900 during the session, approaching a key price range—approximately $73,750 to $74,400—that has seen multiple significant turning points over the past two years.
This range previously suppressed upward momentum in Q1 2024 and marked the end of a downtrend in April 2025. A decisive breakout above this zone would signal a new bullish trend; failure to break through could confirm that the overall downtrend that began last October is still ongoing. Traders should closely monitor price movements in the coming days.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: 150.36 BTC transferred from an anonymous address, valued at approximately $10,910,000
ChainCatcher reports that, according to Arkham data, at 17:56, 150.36 BTC (worth approximately $10.91 million) was transferred from one anonymous address (starting with bc1p03...) to another anonymous address (starting with bc1p2m...).
GateNews8m ago
Bitcoin Remains Resilient as Iran-US Conflict Fuels Risk-Off Sentiment
Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge.
Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in
CryptoNewsFlash13m ago
Chainlink CCIP Becomes Exclusive Bridge for Coinbase Wrapped BTC to the Monad DeFi Ecosystem
Chainlink CCIP now enables Coinbase’s cbBTC to bridge from Base to Monad, opening direct access to Bitcoin-backed DeFi liquidity.
Monad will access more than $5 billion of cbBTC to lend, trade, and for Bitcoin-based DeFi products.
Chainlink has enabled Coinbase Wrapped BTC (cbBTC) to move fr
CryptoNewsFlash28m ago
"ETH Swing Master" unrealized gains have increased to $12 million, with no positions closed yet. Recently, successfully bottomed out BTC at an average price of $68,000.
March 5 news shows that the "ETH Swing Master" address currently holds a 15x leveraged ETH long position, with an unrealized profit of $9.2 million. At the same time, this address also bought the dip in BTC during the short-term bottom for BTC and ETH, with unrealized profits exceeding $2.8 million. The total unrealized profit now exceeds $11 million, and the outlook remains bullish.
GateNews55m ago
Bitcoin ETFs Draw $462M as BTC Briefly Hits $73K
US spot Bitcoin ETFs saw renewed demand on Wednesday, with inflows broad-based across major issuers as BTC briefly breached the $73,000 level. Net inflows into spot BTC funds reached $462 million for the day, marking the third consecutive day of net buying and lifting the weekly total to
CryptoBreaking1h ago
