Bitcoin posted strong 24-hour gains in today’s trading session, climbing 4.81% to a current spot price of $74,379, extending a rebound from recent sideways price consolidation. All intraday trading has stayed within a defined daily range of $72,891 to $75,867, with dip buyers stepping in to hold support above the key $72,000 psychological level and lift prices toward the top of the range. Market sentiment analytics currently call a bullish short-term outlook for Bitcoin with 71% confidence, as building upside momentum puts a test of $76,000 key resistance on the table for coming sessions. Traders are watching the upper end of today’s range to confirm if the rally has enough strength to break out to fresh near-term highs.
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