Bitcoin recently pushed into a key liquidity pocket near the $73,000 level, 
briefly tapping overhead liquidity before encountering a sharp reaction to the 
downside. With structure still holding and buyers stepping in on dips, 
attention is now shifting to whether this positioning phase could set the 
stage for a stronger push toward the $80,000 region. Upper Liquidity Sweep 
Before Sharp Rejection Near $74,000 According to the latest MMT Heatmap update 
from Columbus, Bitcoin experienced a significant surge into the upper 
liquidity pocket during the overnight session. The price climbed aggressively 
to the $73,000 mark, testing the strength of overhead supply. However, this 
momentum was met with a sharp corrective reaction as it approached a 
substantial liquidity cluster situated near $74,000. Related Reading: Bitcoin 
Liquidation Clusters Become Clearer, And Traders Are Leaning Long On BTC This 
specific price action is characterised by a market that is probing for 
liquidity without establishing immediate value acceptance. Here, there is a 
sweep, followed by investors building positions; a standard market mechanism 
where high-interest zones are cleared out before the market gathers the 
necessary structure to sustain a more permanent move higher. Currently, 
Bitcoin remains in a rotation phase as it attempts to solidify a reclaim above 
its previous channel resistance. This transition period is vital for 
converting old resistance into support, providing the technical foundation 
required for the next leg of the bull cycle. The broader outlook remains 
cautiously optimistic, provided that buyer demand is resilient and does not 
fade anytime soon. As long as bids continue to rebuild aggressively on every 
minor dip, the underlying market structure maintains its bullish bias. Bitcoin 
Tests Historic Weekly Support–Resistance Zone Bitcoin’s weekly chart shows 
that the price is currently negotiating one of its strongest support and 
resistance zones, a level that dates back to the week of March 11, 2024. 
Market action around such historically significant areas often determines the 
next major directional move, as both buyers and sellers tend to defend their 
positions aggressively. Related Reading: Bitcoin Price Reclaims Ground, Can 
Bulls Flip Market Momentum? Crypto analyst Christopher Inks notes that 
momentum indicators still leave plenty of room for further upside. Both the 
weekly RSI and the Stochastic RSI remain far from overheated territory, 
suggesting that Bitcoin could still extend its move higher and potentially 
push into the $80,000 region if bullish momentum continues to build. 
Christopher Inks has also emphasized throughout the year that a strong, 
impulsive weekly candle breaking and closing above the yearly pivot at 
$96,071.25 would be a major signal for the market. Such a move would confirm 
that the cycle low is already in place and could open the path for Bitcoin to 
advance toward a new all-time high. Featured image from Pixabay, chart from 
Tradingview.com

Bitcoin Probes $73,000 Liquidity Pocket: Is The Next Leg Toward $80,000 Loading?

Bitcoin’s outperformance against U.S. equities is reviving bullish sentiment 
across crypto markets, with Coinbase Institutional signaling that the industry 
may be moving beyond what it described as peak pessimism as participation and 
macro conditions begin shifting. Bitcoin Strength Sparks Institutional 
Optimism as Crypto Markets Eye Sustained Breakout Renewed strength in bitcoin 
relative to U.S. equities […]

Coinbase Flags ‘Peak Pessimism’ as Bitcoin Outperforms US Equities

The price of Bitcoin put in another interesting performance over the past 
week, as the global uncertainty continued in the broader financial markets. 
However, the $74,000 resistance level proved to be unyielding yet again, as 
the premier cryptocurrency made a fresh play for it as the weekend approached. 
The investor sentiment in the Bitcoin market seems to be worsening with time, 
while the bullish momentum appears to be waning after the latest rejection. In 
fact, recent on-chain data shows that the sentiment is at a low not seen in 
nearly four years. BTC Fear &amp; Greed Index Falls To 10% For First Time Since 
2022 In a March 13 post on the X platform, crypto analyst Axel Adler Jr 
revealed that the Bitcoin Fear and Greed Index has continued its descent over 
the past few weeks. The Fear and Greed Index is an on-chain indicator that 
measures sentiment in the crypto market and reflects some aspect of investor 
behavior. Related Reading: Bitcoin Climbs Back To $73,000 As Short Squeeze 
Wipes Out $246M In Futures Bets Typically, the index ranges from 0 to 100 
(often in percentage), with higher values often signaling extreme greed and 
overheating market conditions. Meanwhile, a lower value of the Bitcoin Fear &amp; 
Greed Index suggests extreme fear and skepticism among investors. According to 
CryptoQuant&#8217;s data shared by Adler Jr, the 30-day average Fear and Greed Index 
has fallen to 10%, a level of pessimism seen during the market-wide crash 
brought about by the COVID-19 pandemic and the Terra (LUNA) ecosystem 
collapse. As observed in the chart below, the metric has been on a downturn 
since reaching a peak above the 75th percentile in late 2025. Adler Jr. wrote 
on X: Sentiment is now deeply compressed. For market structure to stabilize, 
Bitcoin likely needs to reclaim higher price levels. While an upturn in price 
performance might be critical in improving the market sentiment, the current 
level of the Fear and Greed Index might provide insight into Bitcoin&#8217;s near- 
term trajectory. From a historical perspective, the premier cryptocurrency has 
often shown the tendency to bounce back when the market sentiment is at its 
lowest. During the COVID-19 crash, the Bitcoin price rebounded from around 
$5,000 to a new all-time high after the Fear and Greed Index fell to around 
10%. In 2022, though, the price of BTC did not reach a bottom until after the 
collapse of the FTX exchange (a few months after the index reached the 10% 
level). In essence, the Fear and Greed Index being this low could imply that 
the market leader has either reached or is near its bottom. Bitcoin Price At A 
Glance As of this writing, the price of BTC stands at around $71,262, 
reflecting an over 1% jump in the past 24 hours. Related Reading: Bitcoin 
Miners’ AI Shift May Create New Overhang, Lekker Capital CIO Warns Featured 
image from DALL-E, chart from TradingView

Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?

Two crypto courtroom sagas out of Manhattan delivered a pair of sharply 
different plot twists this week — one defendant walked away from the SEC’s 
fraud case for good, while another scheme’s legal fallout hit a wall when a 
federal judge tossed key racketeering claims tied to a church-linked 
investment disaster. SEC Dismisses Civil Fraud […]

Two Crypto Court Twists in New York: SEC Walks Away From Bitclout-Deso Case, Judge Rejects EminiFX RICO Claims

Banks seek to deploy capital in the most efficient way possible, but capital 
rules under the Basel III framework make crypto holdings costly.

Cryptocurrency price in BRL