Bitcoin (BTC/USD) is currently locked in a tug-of-war at the psychological 75000 handle. After a volatile start to the month, the premier cryptocurrency has carved out a clear recovery path, though the technical indicators suggest the journey higher may require a brief pitstop. The daily timeframe paints a picture of a successful trend reversal. After enduring a period of downward pressure characterized by a descending channel, BTC has staged a convincing breakout. Key technical highlights on the daily: • The MA Cluster: Bitcoin has decisively reclaimed the 50-day MA (blue) at 69679 and the 200-day MA (black) at ... (full story)