Bitcoin: Range Breakout Eyes $73,600 Resistance

Bitcoin has broken out of its range and entered a clear uptrend, raising the odds that the bear market bottom is already in according to @CryptoMichNL. Traders should hunt lower timeframe retraces for fresh longs while targeting higher timeframe resistance at $73,600.

Price action on the 4h chart shows BTC testing upper Bollinger resistance at $69831.99 with RSI(14) at 85.44 flashing overbought conditions, yet the MACD golden cross at 1429.4 and EMA50 support at $64833.86 keep the bullish structure intact. A healthy pullback toward the 50-EMA remains probable before continuation toward the next pause level. This setup aligns with Bitcoin historical cycle tops and bear market bottom confirmation patterns while supporting fresh BTC price prediction models.