Bitcoin Fails To Break $73,000 Despite Strongest Weekly Gain Since Iran Ceasefire

Bitcoin traded in a tight range between $70,000 and $73,000.

“ETH, SOL, DOGE slide as Bitcoin fails to break $73,000 for the third time since the ceasefire The level that has capped every rally during the six-week war remains intact, with analysts saying $75,000 needs to break before the market enters a genuine bullish phase”

@coindesk

Analysts said bitcoin would need to clear higher thresholds at least $75,000.

@coindesk

The entire top 10 cryptocurrencies were green for the first time in over a month.

The ceasefire was already fraying, with Iran accusing the U.S. of breaching three clauses.

Bitcoin pulled back to $71,843 after the third attempt to breach $73,000 was met with selling.

Ether held at $2,189, up 6.6% on the week.

Kuptsikevich said bitcoin remains above the 50-day moving average.

He flagged the repeated rejection at $73,000 as the barrier that needs to break.

Benzinga

Novogratz said consolidation above $74,000 followed by a break above $80,000 is key.

Trader Michael van de Poppe expects the market to consolidate before continuing higher.

Daan Crypto Trades highlighted that Bitcoin continues to test resistance near $72,000.

Some altcoins slid, marking an altcoin divergence.

“ETH, SOL, DOGE slide as Bitcoin fails to break $73,000 for the third time since the ceasefire The level that has capped every rally during the six-week war remains intact, with analysts saying $75,000 needs to break before the market enters a genuine bullish phase”

CoinDesk

Algorand dropped 11.4%, Aptos fell 6.1%, and Polkadot lost 6.1%.

The Fear and Greed Index climbed out of single digits for the first time in over a month.

XRP was consolidating after a sharp, high-volume move.

The lack of follow-through raised doubts about a durable trend shift.

Modest XRP ETF inflows of $3.32 million suggested technical positioning.