BitcoinBTCAs the market began to focus on the zone between $58,000 and $65,000, analysts identified the BTC prices to be monitored.
Bitcoin is stuck between two important levels
Bitcoin has been wedged somewhere between the simple moving-average (SMA), which is at $68300 for the past 200 weeks, and its exponential moving-average (EMA), at $58,400.
In general, the major BTC lows in Bitcoin trading history have been formed between 200-week SMAs and EMAs. according to analyst Jelle. It is clear that Bitcoin is possibly forming a bottom These trends are a good place to start.
Related: Bitcoin accumulation wave puts $80K back in play: Analyst
Bitcoin closed above the weekly 200-week EMA the second time in a week. “this doesn’t mean it is now in the clear,” Rekt Capital is an analyst and trader. said In a post on Monday X, add:
“The absence of any meaningful upside from here going forward, there is a risk that BTC loses the 200-week EMA in time, triggering additional downside.”
Ted Pillows, an entrepreneur and crypto investor, had a broader view. He focused on $71,000 as a target for achieving a bullish break-out.
Ted Pillows posted a post Tuesday on X said Bitcoin’s chances for an upward rally are increased by a daily closing above the $71,000 mark, according to the report.
“And if a breakdown happens below $66,000, BTC might revisit $60,000.”
Cointelegraph reported It is possible that the CME-Gap between $84,000 and $80,000 could be a powerful magnet for Bitcoin, indicating the price of the cryptocurrency at its highest point. With nine out of 10 CME gaps filled since August 2025, the $80,000–$84,000 range stands out as the key level to watch on the upside.
The price of bitcoin must be above $65,000
Then, turning away from $72,000 last weekBitcoin was supported at $65,000. Glassnode’s cost basis distribution heatmap reveals A significant support zone was recently created between $63,000 and $65,000 where long-term investors recently purchased approximately 372,240 BTC.
The break-through below the level “would likely open the path toward the realized Price” around $55,000, Glassnode said In a post published on Monday, X.
Current analysis suggests To remain in charge, the bears might try to lower BTC’s price to below $65,000. The BTC/USDT may retest $60,000 if they are successful. If $60,000 supports cracks, then the next likely stop will be $52,500.
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Source: cointelegraph.com
