bitcoin at the turning point: bulls target $76,500 and $81,500

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bitcoin at the turning point: bulls target $76,500 and $81,500Bitcoin / U.S. dollarBITSTAMP:BTCUSDIGT_TradersBitcoin is approaching a critical support zone around $72,000–$72,500, where a potential demand reaction could trigger a meaningful recovery. After an extended bearish move, price is showing signs of stabilization, creating an opportunity for buyers to regain control. The 4H chart suggests that a rebound from the current support area could initiate a recovery toward $76,500, which represents the first major upside objective. A successful breakout above this level could strengthen bullish momentum and open the door toward $81,500. However, the broader structure remains bearish, with the Ichimoku cloud acting as overhead resistance. Buyers need to establish stronger momentum and reclaim intermediate resistance before a confirmed trend reversal can develop. Upside Targets: - TP1: $76,500 - TP2: $81,500 - Major resistance: $85,000 Key Support: $72,000–$72,500