Bitcoin Nears $73K–$75K Resistance as Price Recovers Above $71K in Rising Channel

Bitcoin has rebounded from the $60,000 area and is now trading around $71,000 to $72,000, approaching a key resistance band between $73,000 and $75,000. On the daily chart it remains below the 100-day and 200-day moving averages and inside a broader descending structure, while on-chain data indicates larger players are still more active than retail traders. The $60,000 to $62,000 zone continues to act as critical support, with the $75,000 to $80,000 region marking the main overhead barrier.