Bitcoin Retests $70K Hull Moving Average as Analysts Eye Support Levels

BTC-3.77%

Bitcoin is retesting its weekly Hull Moving Average near $70,188 after a recent breakout attempt, according to analyst Super฿ro. The retest follows a pattern observed in previous Bitcoin cycles from 2014, 2018, and 2022, when BTC broke above the Hull Moving Average and later retested the same area. Separately, analyst Ali Charts identified a critical support cluster between $73,000 and $71,300 on the daily chart, with Bitcoin currently testing this zone. The technical setup reflects a decision point where historical cycle patterns intersect with near-term support levels.

Super฿ro Compares Bitcoin Retest to 2014, 2018, and 2022 Cycle Patterns

Super฿ro shared a chart on X comparing Bitcoin's current weekly structure with similar setups from 2014, 2018, and 2022. Each example showed Bitcoin breaking above the Hull Moving Average and later retesting the same area.

In the 2014 example, BTC broke above the Hull Moving Average and later retested the same area before continuing through a recovery structure. The chart also shows a second retest later in that cycle.

The 2018 panel shows a faster move. Bitcoin broke above the Hull Moving Average and continued higher without a clear retest in the highlighted zone.

The 2022 panel shows another breakout and retest structure. BTC moved above the Hull Moving Average, pulled back into the same area, and later continued higher.

The 2026 panel shows Bitcoin now testing the weekly Hull Moving Average again. The chart places the HMA near $70,188, while BTC trades close to the same area.

Super฿ro said the retest was discussed two weeks earlier and has now arrived. He said previous retests felt weak at the time, but historically appeared near periods when long term positioning improved.

The current setup still needs confirmation. Bitcoin must hold near the Hull Moving Average and recover from the retest area before the comparison with earlier cycles becomes stronger. A clean break below the moving average would weaken the setup.

Ali Charts Identifies Support Cluster Between $73,000 and $71,300

Ali Charts shared a daily chart on X showing Bitcoin testing a support cluster between $73,000 and $71,300. The analyst said a strong reaction from this area could push BTC back toward $78,000, while a breakdown below the support cluster could expose the $65,000 area.

The chart shows Bitcoin pulling back after failing to hold the upper part of its rising channel. BTC moved lower through several marked levels and is now sitting near the lower support zone.

The main support cluster includes $74,020, $72,630, and $71,305. These levels sit close together, making the area important for the next move.

Ali Charts said Bitcoin needs a strong reaction from the $73,000 to $71,300 range. If buyers defend this zone, BTC could attempt a recovery toward $77,887, which aligns with the analyst's upside area near $78,000.

Above that, the chart marks higher resistance near $82,811 and $89,071. Bitcoin would need to clear the lower resistance first before those levels become more relevant.

On the downside, a clean break below $71,305 would weaken the support setup. In that case, the chart points to $68,589 first, followed by deeper support near $65,230. The chart also shows a lower level near $59,789, but BTC would need to lose the $65,000 area before that zone comes into focus.

FAQ

What price level is Bitcoin currently retesting according to Super฿ro?

Bitcoin is retesting its weekly Hull Moving Average near $70,188, according to a chart shared by Super฿ro on X. The analyst compared this retest to similar patterns from 2014, 2018, and 2022, when Bitcoin broke above the Hull Moving Average and later retested the same area.

What support levels did Ali Charts identify for Bitcoin?

Ali Charts identified a support cluster between $73,000 and $71,300 on the daily chart. The main support levels within this cluster include $74,020, $72,630, and $71,305. The analyst said a strong reaction from this range could push BTC toward $78,000, while a breakdown could expose the $65,000 area.

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