Bitcoin Price Seeks Support Ahead of Next Move Higher

Bitcoin's price has rebounded after falling to around $76,000, and traders are watching for a possible pullback before another move higher.

According to Zoran Kole, a trader who expects Bitcoin to face key resistance in the 80K-83K zone, sellers may defend this upper zone during the first few tests.

If buyers can maintain support after a retracement at around $73,000, another move toward $80,000 could follow. However, if a sustained move below $73,000 occurs, it would weaken the setup and increase the risk of a deeper retreat.

Michaël van de Poppe also suggests that Bitcoin may retest support before resuming its advance toward the low-$80,000 area. He expects a short-term pullback to occur before continuing higher during the coming week.