Bitcoin bearish below 73K so Bulls need breakout firstBTCUSDT SPOTBYBIT:BTCUSDTMMBTtraderBitcoin has shown a consistent pattern: 3 to 5 weeks of ranging, followed by a sharp -30% to -40% dump that completes within a week, and then another ranging phase. This cycle has repeated, and the most recent dump has now been followed by a new range. The key resistance level for this range is 73K. If price breaks above 73K to the upside, bulls may have a chance to regain control. If not, another -35% dump toward 45K is likely. Learn this: Recognizing market cycles like this is a key skill in technical analysis. When a pattern repeats multiple times, it becomes a reliable framework for anticipating the next move. You are not guessing; you are following the rhythm of the market. The most recent dump has already happened, and now price is back in a ranging phase. The resistance level for this new range is 73K. This is the level that will determine the next move. If price breaks above 73K to the upside, the structure changes. That breakout would give bulls a chance to take control and potentially reverse the downtrend. If price fails to break above 73K and gets rejected, then we are looking at another round of the same pattern. That would mean another -35% dump, which would push price down to around 45K.