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#BitcoinHitsOneMonthHigh
📊 BTC: Key Range $73,750–74,400
According to CoinDesk, the $73,750–74,400 zone remains one of the most important for Bitcoin's market structure.
This level has repeatedly acted as both support and resistance, so its further reaction could determine the market direction.
What’s important now
• A confident breakout upward could signal a recovery of the bullish trend.
• Failure to hold above this level would indicate the continuation of the downward structure that began forming last October. Historical price reactions:
▪ Q1 2024 — a rally following the launch of spot BTC ETFs in the US paused around $73,750, after which the price declined to approximately $50,000 over several months.
▪ April 2025 — a drop from $100,000 ended around $74,400, which became a reversal point and triggered a new rise to $126,000.
▪ February this year — after breaking below this zone, BTC fell to approximately $60,000.📌 Conclusion: The $73.7k–$74.4k range remains a critical market structure zone — it could determine whether the current trend continues.