Bitcoin traders are closely watching the $74,000-$75,000 support zone as exchange inflows rise and market signals weaken following BTC's loss of momentum above $82,000.
Bitcoin (BTC) lost its hold on the $80,000 level over the weekend, and data suggest that the cryptocurrency needs to trade above the $74,000-$75,000 range, as it has repeatedly served as key support over the last two years.
Crypto analyst Ardi said the next retest of the $74,000-$75,000 range could become the most important support test of the current bear market.
The analyst pointed to the role that the price range played during the last two years. In 2024, Bitcoin struggled to break above the range during a seven-month-long consolidation. In Q1 2025, the same area held as support before BTC rallied toward its cycle highs at $126,000.
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