News: Bitcoin price has started a fresh increase, clearing the $74,650 zone and is consolidating, potentially aiming for gains above $75,500. The price is trading above $74,200 and the 100-hour simple moving average, breaking a bearish trendline at $74,800. Key support levels are $73,650 and $73,300, while resistance lies at $75,000 and $75,500. The MACD is losing pace in the bullish zone, and the RSI is below 50.
AI Analysis: The technical indicators suggest a bullish bias, but caution is warranted as momentum is slowing. A break above $75,500 is crucial for continued upward movement.
