Sometimes the hardest part of a Bitcoin move isn’t the breakout itself.
It’s figuring out whether the market is actually changing structure, or simply giving traders another temporary push before the next rejection.
That’s what makes the current BTC setup interesting. Bitcoin is curently retesting a resistance zone that has already played an important role in the higher-timeframe structure. This is not just another random level on the chart. It is a previous breakdown area, and it also rejected BTC back in May when the market formed its last major HTF high.
So naturally, I’m paying much more attention here.
The interesting part is that momentum still looks very strong.
Price has pushed higher with enough strength to bring this resistance back into focus, and if BTC can reclaim the zone properly, the next major area I’m watching is around $97K.
But I don’t think simply trading above the level for a few hours would be enough confirmation.
For me, the more important signal would be a weekly close above $87K.
That would show that Bitcoin didn’t just wick through resistance. It would give the market a stronger reason to believe that this old breakdown area is actually being reclaimed.
At the same time, I’m not convinced that the first attempt has to succeed.
In fact, my expectation is still that BTC could face another rejection from this region before the larger move develops.
And this is where the $74K–$76K area becomes interesting. If BTC gets rejected from the current resistance and starts moving lower, that zone could potentially become a place where buyers step back in. It already represents an important support area, but there is another reason I’m watching it closely.
Liquidity.
A large cluster of long liquidations has built up around that region. If price moves into it, the market could potentialy clear some of that liquidity before finding enough demand for another move higher.
That kind of move can be uncomfortable to watch in real time.
But sometimes the market needs to shake out weaker positions before a cleaner trend can develop.
So, in my view, there are two levels that matter a lot right now.
First, whether BTC can reclaim and eventually confirm above the $87K area on the weekly timeframe.
Second, whether a rejection eventually brings price back toward $74K–$76K and whether buyers defend that region.
If that lower zone holds, it could become the higher low I’m looking for before another larger expansion to the upside.
And honestly, that possibility is what makes this setup so interesting to me.
Could $74K–$76K become the final major opportunity to see Bitcoin trading below $75K, or does the market still have another surprise waiting before the next big move?
