Bitcoin Price Core Analysis Over the past few weeks, Bitcoin's price has been fluctuating wildly between $60K and $74K. The direction of the breakout from this range will determine the market's trajectory. Its macro structure remains bullish, with key support at the 200-week moving average (around $59K). Looking back at historical cycles, Bitcoin has repeatedly held the 200-week moving average before starting a bull market. In 2015, it held and surged to $20K; in 2019, it held and reached the $69K peak in 2021; in 2023, it held and is projected to rise to $126K by 2025. As long as Bitcoin's price stays above $59K, every dip is a buying opportunity with the potential to hit new all-time highs. If it breaks below this moving average, it officially enters a bear market or could see a deeper correction.