Bitcoin Eyes $76K on Break Above $66.8K
The bullish thesis depends on confirmation, while dwindling odds of the Clarity Act passing this year remove a potential regulatory tailwind.
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The bullish thesis depends on confirmation, while dwindling odds of the Clarity Act passing this year remove a potential regulatory tailwind.
The pattern isn't confirmed and a short-term flush to the 50,000s would build the right shoulder, but a 200-day moving average reclaim in an already downtrending MA would echo January 2023.
Weekly closes above the 50-week average matter more than a single move, while a retreat toward $70K would still fit the 2023 bottoming pattern.
A trailing stop is an order that follows price upward and locks in gains, but it chops you out in sideways markets and behaves very differently on spot vs leverage.
The level defines the next directional break: clearing it shifts long-term market structure bullish, while rejection puts recent longs under pressure.
The $71K level is conditional; a sustained neckline reclaim would erase the bearish technical setup.
The setup would be the first cycle-level confirmation out of the 2022 bear, but the right shoulder is still incomplete and a lower-high rejection remains the live alternative.
Bridges remain the single largest hack surface in crypto. A 7-point checklist covering audits, finality, TVL, and exit windows helps separate safe bridges from the next exploit.
The retest of the 2021 all-time high range doubles as a neckline throwback on a multi-year inverse head-and-shoulders — and the 200-week moving average is sitting right under it.
Rather than anchoring on a single regression line, the framework fits lower- and upper-tail price distributions separately and shows why every cycle since 2018 has topped below the 95th-percentile…