Bitcoin Stalls Again as Stubborn Resistance at $75,000 Keeps Recovery Out of Reach

Bitcoin is currently hovering around the $67,500 mark and momentum on the lower timeframes is beginning to fade. As covered in our last price update, BTC did show some signs of strength earlier this month but ran into the same wall it has been facing for a while now. The $75,000 level has been a major sticking point, rejecting price multiple times in the past and carrying enough psychological weight that bulls have consistently lost steam around this area before any real recovery could take shape. Things are starting to look familiar again, with price sliding back into the consolidation range below the $72,000 to $75,000 resistance zone that has been capping Bitcoin's price action since the major correction in February. A broader risk-off move in the US stock market today only added to the selling pressure, contributing to yet another rejection at the $72,000 level. The outlook is growing increasingly stagnant and the risk of further downside has not gone away. Let us take a closer look at the latest BTC charts to see where price could be headed from here.

Our Bitcoin Price Prediction Summary

• Bitcoin's relief rally to $75,000 has been halted by a strong rejection, pushing price back below $72,000 once again.
• The macro downtrend remains intact across all timeframes with no signs of a meaningful reversal in sight.
• The $65,200 support is the immediate level to watch, with the $60,000 floor coming back into play if that level fails to hold.

Analyzing the Charts

Momentum Dries Up After Failed Push to $75,000

Looking at the 4-hour chart, Bitcoin is beginning to show signs of a downtrend forming on this timeframe as momentum continues to bleed out slowly. BTC did put together a solid run in the second week of March, with an uptrend on the 4-hour chart that eventually pushed price into the $72,000 to $75,000 resistance zone and briefly touched the $75,000 mark. However, rejection came at that level and since then price has been gradually sliding lower, first dropping below $72,000 and then failing to reclaim it on the retest, which is a sign that sellers are firmly in control of this range. With the structure on this timeframe turning bearish, further downside looks likely over the next day or two and the immediate support level to watch is $65,200, where some buying interest is expected to emerge. A failure to hold that level would open the door for a deeper move and bring the major floor just slightly above $60,000 back into play.

Daily Chart Tells a Familiar Story

Switching to the daily timeframe, not much has changed since our last analysis. Price did retest the $75,000 level as anticipated and faced a strong rejection there, which was not surprising given where the broader trend stands. Bitcoin is still consolidating within the $60,000 to $75,000range, continuing to print lower highs with bouts of consolidation in between before rolling over again, the same pattern that has been playing out since the October correction last year. There is nothing in the current structure to suggest the correction is over and the risk of further downside in the coming weeks remains. A retest of the $60,000 floor looks like the next move from here and if that gives way, $53,000 is the next support worth watching.

Weekly Trend Stays Bearish

Switching to the weekly timeframe, the macro downtrend remains very much intact and the bearish divergence we have been monitoring since Q4 of 2025 is still active with no signs of invalidation. Price continues to trade below the 50-EMA, reinforcing the bearish conditions that have been in place for some time now. The oversold RSI conditions we highlighted in our last technical analysis did play out as expected, producing a small relief rally that pushed price up to the $75,000 mark. However, that move has since been halted by the strong rejection at that level, and the brief bout of optimism it generated has faded just as quickly. With the bigger picture still firmly bearish on the weekly chart, our Bitcoin price prediction continues to lean on the bearish side for the mid to long term.

Final Takeaway: What is Next for Bitcoin?

Bitcoin is back in familiar territory after the relief rally to $75,000 failed to hold and price has since slipped back into the same consolidation range it has been stuck in for months. The structure across all timeframes continues to point in the same direction and with selling pressure picking up following today's stock market weakness, the risk of further downside is growing. Until bulls can put together something more convincing than a short-term bounce, the bearish outlook for Bitcoin remains unchanged.