{"id":150568,"date":"2026-04-16T02:32:19","date_gmt":"2026-04-16T02:32:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=150568"},"modified":"2026-04-16T02:32:19","modified_gmt":"2026-04-16T02:32:19","slug":"bitcoin-price-targets-75k-break-is-a-new-rally-incoming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=150568","title":{"rendered":"Bitcoin Price Targets $75K Break, Is a New Rally Incoming?"},"content":{"rendered":"

Bitcoin price started a fresh surge and cleared the $74,500 zone. BTC is consolidating and might aim for more gains above the $75,000 level.<\/em><\/p>\n

Bitcoin managed to stay above $73,500 and started a fresh increase.
\nThe price is trading above $74,000 and the 100 hourly simple moving average.
\nThere is a declining channel forming with resistance at $75,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might extend gains if it stays above the $73,650 and $73,300 levels.<\/p>\n

Bitcoin Price Aims for Steady Gains<\/h2>\n

Bitcoin price found support near $73,000 and started a fresh increase<\/a>. BTC gained pace for a move above the $73,500 and $73,650 resistance levels.<\/p>\n

The last swing high was formed at $76,088 before there was a downside correction. The price dipped below $74,000. It even spiked below the 38.2% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high.<\/p>\n

Bitcoin is now trading above $74,000 and the 100 hourly simple moving average<\/a>. There is also a declining channel forming with resistance at $75,000 on the hourly chart of the BTC\/USD pair.<\/p>\n

<\/a><\/p>\n

If the price remains stable above $73,650, it could attempt a fresh increase. Immediate resistance is near the $75,000 level. The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $76,000 resistance. Any more gains might send the price toward the $77,500 level. The next barrier for the bulls could be $78,000.<\/p>\n

Another Decline In BTC?<\/h2>\n

If Bitcoin fails to rise above the $75,500 resistance zone, it could start another decline. Immediate support is near the $74,250 level. The first major support is near the $73,650 level.<\/p>\n

The next support is now near the $73,300 zone or the 50% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Any more losses might send the price toward the $72,650 support in the near term. The main support now sits at $72,000, below which BTC might struggle to recover in the near term.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $73,650, followed by $73,300.<\/p>\n

Major Resistance Levels \u2013 $75,000 and $76,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price started a fresh surge and cleared the $74,500 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $73,500 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a declining channel forming with […]<\/p>\n","protected":false},"author":0,"featured_media":150569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-150568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/150568"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=150568"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/150568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/150569"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=150568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=150568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=150568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}