$BTC Bitcoin Regains Momentum: Is $75K the Next Target?
Bitcoin is showing signs of renewed strength as it rebounds above $70,000, buoyed by improving macroeconomic sentiment and growing institutional interest. Analysts are closely watching resistance near $72,500 — a breakout could set the stage for a push toward the long-anticipated $75K mark. On-chain data shows an uptick in long-term holder activity, while exchange balances remain low, signaling confidence. However, volatility remains, especially with upcoming CPI data and Fed decisions. Traders should stay cautious but optimistic — Bitcoin’s fundamentals remain intact, and market confidence is growing. Could this be the start of the next leg up?