Bitcoin Price Prediction: $74K Target if Resistance Breaks
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Bitcoin remained range-bound on the 4 hour chart shared by Daan Crypto Trades on X, with price again pressing into the $72,000 resistance zone. The chart showed BTC trading near the upper end of its broader range, while repeated failures near that level kept the breakout unconfirmed.
According to the chart, Bitcoin has tested the same resistance area several times without holding above it for long. That pattern suggested buyers still had enough strength to keep BTC elevated, yet not enough to turn $72,000 into stable support. As a result, the market stayed strong on structure, but not fully bullish on confirmation.
Bitcoin 4H Range High Resistance: Source: Daan Crypto Trades on X
The chart also marked a broad trading range, with range high near $72,000 and range low around the low $62,000 area. Within that structure, Bitcoin continued printing rebounds after dips, which pointed to steady demand at lower levels. Even so, the upper boundary kept rejecting price and limited follow-through.
Daan Crypto Trades said price action remained the key focus despite heavy headline noise and conflicting market narratives. In that context, Bitcoin’s ability to stay near resistance stood out as a sign of resilience. Still, the chart made clear that resilience alone was not enough to trigger the next leg higher.
For bulls, the main condition remained simple. Bitcoin needs to break above $72,000 and stay above it. If that happens, the chart suggested the next larger move could open toward the $80,000 region. Until then, BTC remains inside the same range that has defined recent trading.
The setup therefore stayed balanced but important. Bitcoin held up well through recent uncertainty, yet the market still needs a clean breakout before calling for a stronger continuation. Until $72,000 flips decisively, the chart supports a view of repeated testing rather than confirmed expansion.
Bitcoin Liquidation Map Points to $74,000 as Key Short Squeeze Zone
A Bitcoin liquidation heatmap shared by CW on X showed a heavy concentration of potential short liquidations building near the $74,000 level. The chart suggested that if Bitcoin moves into that area, leveraged short positions could face forced closure, which may add momentum to the upside.
The heatmap highlighted brighter bands above the recent trading range, with one of the strongest clusters sitting around $74,000. In liquidation maps, those brighter areas usually mark zones where leveraged positions are stacked. As a result, they often act as magnets for price when traders begin testing nearby resistance.
Bitcoin Liquidation Heatmap: Source: CW on X
According to the chart, Bitcoin traded in a broader band below that upper zone while liquidity continued to build overhead. That setup pointed to a market where upside pressure could increase if buyers push price into the liquidation cluster. A move toward $74,000 would not only test resistance, but also threaten short sellers positioned too aggressively.
The chart therefore framed $74,000 as more than a technical level. It also showed it as a leverage pocket where market structure and derivatives positioning may interact. If Bitcoin reaches that area, liquidations could accelerate the move and create a sharper breakout attempt.
At the same time, the heatmap did not confirm that such a move will happen. It only showed where pressure may build if price moves higher. Until Bitcoin enters that zone, the liquidation cluster remains a potential trigger rather than a completed event.
Overall, the chart suggested that traders are watching overhead short liquidity more closely than spot direction alone. In that setup, $74,000 stands out as the main upside area where a squeeze could develop if bullish momentum continues.
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