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Bitcoin retests $73,500 support; next move hinges on holding this key zone or falling to $70,000

Technical Signals
01 Jun 2026
Coinpaper
View Source
Neutral
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Bitcoin is retesting a crucial support zone near $73,500 after falling from the low $80,000s. This area has historically acted as both resistance and support, making it a critical level for Bitcoin's price direction. Selling volume remains low, keeping Bitcoin in a neutral range without strong bearish pressure. If the support holds, Bitcoin could rebound toward $78,000–$82,000; if it breaks below, the price may drop toward $70,000.

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