If Bitcoin can break through the current resistance level and run through the liquidity mentioned above, there is major resistance at $37,000, which marks the point of breakdown market panic from May 2022. When price eventually gets back to that level, it would not be surprising to see some profit taking as underwater traders/investors look to get out around their break-even points. To the downside, the 200WMA ($26,000) is now trending above Moonraker support at $25,4800, which would likely prove to be some kind of initial support should the price of Bitcoin drop down to that area.