Bitcoin Nears Critical $73,750–$74,400 Zone After 10% Weekly Rally

Bitcoin rose about 10% this week to trade above $72,000, briefly touching $73,900 intraday as it approached a key $73,750 to $74,400 band that has marked major turning points over the past two years, CoinDesk analysis shows. This zone capped upside momentum in Q1 2024 and marked the end of a downtrend in April 2025. A clear break above this range would signal a new bullish phase, while failure to breach it could indicate the broader downtrend from October last year remains intact.