Bitcoin Dips Under $73K 100-Day MA as Traders Watch the $70K-$71K Demand Zone
Bitcoin is showing bearish pressure after consolidating around the 100-day moving average near $73K and then slipping slightly below it. Price levels in focus include support at $70K-$71K and resistance at $75K-$76K, with the 200-day MA around $80K still acting as a key ceiling. On-chain metrics also point to $73K-$74K as a short-term holder cost basis, while longer-term support is building near $70K.