Bitcoin Traders Target $73K Retest as Weekly Resistance Keeps Price Under Pressure

Bitcoin Price Faces Resistance at Key Weekly Trend Line

Bitcoin traders are closely watching the $73,000 level as price struggles to reclaim a critical resistance zone. Market data shows BTC remains below its 21-week exponential moving average (EMA), which has acted as a strong resistance barrier since October 2025.

Market analyst Rekt Capital warned that repeated rejection at the 21-week EMA could force Bitcoin into a short-term pullback. He noted that unless BTC reclaims the moving average as support, the price may revisit the top of the recent double-bottom breakout zone, placing $73,000 back into focus as a likely retracement target.

H2: H3: Bearish Forecasts Keep Sub-$60K Bitcoin Scenario in Play

Some traders remain cautious despite recent stabilization. The possibility that even a weekly close above $80,000 may not confirm long term strength. According to this outlook, false breakouts and short-term rallies could still occur within a broader macro downtrend.

Analyst Killa suggested that early strength in May could potentially mark a temporary peak rather than the start of a sustained rally. He added that the market still carries a strong probability of revisiting the $73,000 region, with deeper declines below $60,000 remaining possible if broader bearish conditions persist.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.