Bitcoin has finally welcomed a significant rise, with the price directly reaching the 76000 mark, and the bulls are still very strong. Can this wave of bullish momentum be maintained and continue to rise? See the pre-market analysis below.

Looking at the four-hour level, the price has broken through three consecutive bullish candles, breaking the upper track. It is evident that the rise is substantial, and the overall pre-market trend is upward. Today, the key focus should be on the support point tested yesterday at 74500, which is the current support level. If the price falls and stabilizes below, it indicates signs of a retreat. Conversely, if it retraces and does not break the support, it indicates that the bulls will continue to rise.

The daily chart shows eight consecutive bullish candles, and the 9th candle continues bullish. Today, we need to see if it can fall back within the track; if it cannot, it will still rise. Additionally, the MACD indicator in the sub-chart is strengthening, so today's pullback to test the conversion support point is significant. It is recommended to look bullish when pulling back to the 74500-74000 range, targeting the 78000 mark, with weekly resistance at 82500. Whether the price can reach these levels in the future remains to be seen.

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