Bitcoin

Bull Market

Band

Bitcoin Bull

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 <p>Bitcoin is trading near $74,000 as high leverage clusters around $72,000 and $76,000 on CW’s liquidation heatmap. At the same time, BTC sits near its bull market support band, with major weekly moving averages rising below price.</p>
 <h2 id="bitcoin-price-holds-near-74k-as-leverage-builds-at-72k-and-76k">Bitcoin Price Holds Near $74K as Leverage Builds at $72K and $76K</h2>
 <p>Bitcoin traded near $74,000 on the CoinAnk liquidation heatmap shared by CW on X, while high leverage positions clustered around $72,000 and $76,000.</p>
 <p>The chart shows BTC falling from the $77,000 to $78,000 area before stabilizing near $74,000. After the drop, price moved sideways between the two major liquidity zones.</p>
 <p>Bitcoin High Leverage Liquidity Map. Source: <a href="https://x.com/CW8900/status/2060981989688398295" rel="noopener noreferrer nofollow"><span>CW on X</span></a></p>
 <p>The brightest heatmap bands appear near $72,000 and $76,000. These areas show where large leveraged positions may face liquidation if price moves sharply in either direction.</p>
 <p>CW said movements to liquidate these positions may occur. That keeps both the lower $72,000 zone and the upper $76,000 zone in focus for Bitcoin’s next short term move.</p>
 <h2 id="bitcoin-price-tests-bull-market-support-band-as-btc-trades-near-73k">Bitcoin Price Tests Bull Market Support Band as BTC Trades Near $73K</h2>
 <p>Bitcoin traded near $73,426 on the weekly chart shared by Daan Crypto Trades on X, placing BTC close to its bull market support band after a failed retest in recent weeks.</p>
 <p>The chart shows the bull market support band around the $74,148 to $78,042 area. BTC moved below that zone after rejecting near the band, while the weekly 200EMA and weekly 200MA continued rising below price.</p>
 <p>Bitcoin Bull Market Support Band. Source: <a href="https://x.com/DaanCrypto/status/2060813748210688173" rel="noopener noreferrer nofollow"><span>Daan Crypto Trades on X</span></a></p>
 <p>The weekly 200EMA sat near $68,917 on the chart, while the weekly 200MA stood near $61,624. These levels now form the broader support area below Bitcoin’s current price.</p>
 <p>Daan Crypto Trades said BTC could trade between $60,000 and $80,000 for some time, as several major weekly levels are now close to price.</p>
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Bitcoin Price Prediction: BTC Caught Between $72K and $76K as Leverage Builds

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Coinpaper.com

Other articles published on May 31, 2026

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