Bitcoin surged past $76,000, marking a decisive break above major resistance. The price is now consolidating above $74,200 and the 100-hour simple moving average.
A bullish trend line supports the move, with floor support at $71,650. The MACD is accelerating in bullish territory and the RSI remains above 50.
Immediate resistance lies at $76,800; a sustained close above $76,000 opens path to $78,000 and eventually $80,000. On the downside, failure to hold $74,500 could trigger a retest of $73,200 and $70,000.