Bitcoin Trades Near $73,000 as Weekly Death Cross Looms, Key Resistance at $75,000

Bitcoin is trading near recent monthly highs in the low-to-mid $70,000s as traders monitor a looming weekly death cross, TradingView data and Material Indicators' Keith Alan show. Key technical levels include psychological resistance around $75,000, the 50-day simple moving average near $76,350, and the 21-day SMA around $67,550, with longer-range markers at the 21-week and 100-week SMAs near $88,000 and $87,300. Several analysts cited by Cointelegraph note that a bear-market low could form at or below $50,000, while confirmation of the weekly death cross has historically aligned with periods of heightened volatility or drawdowns rather than guaranteeing a specific price outcome.