As BTC enters a bullish phase, it is now in a price discovery period, with analysts and investors closely monitoring its price action and expecting strong momentum due to institutional demand. The next few weeks will be crucial as Bitcoin tests new price levels, potentially fueling a transformative period and optimism in the crypto space.
As BTC consolidates at $76,400, maintaining above $73,800 is crucial for continued bullish momentum. A potential retrace to $72,500 could provide a reset for the market, but overall, the sentiment remains positive for Bitcoin's bullish trajectory.