Analysis: If BTC breaks through $75,000, it may challenge $80,000; a pullback to the 200-week moving average could become new resistance.

According to Mars Finance, market data shows that Bitcoin's price has risen above the 200-week exponential moving average (EMA) currently at $68,338. Rekt Capital analysis points out that Bitcoin is currently being suppressed by this trendline, and the latest rebound may evolve into a "retest of the EMA after a break below to confirm new resistance." The market is focusing on the liquidity-intensive area above $72,000, anticipating a potential "liquidity sweep." If the bulls successfully recover the key moving average and confirm it with a weekly close, $80,000 could become the next target price. AlphaBTC analysis states, "The Bitcoin liquidity hunt has only just begun. Once a new bearish catalyst emerges, we expect to test higher prices in the coming weeks."