Bitcoin Price Prediction: BTC Flashes TD Sequential Buy Signal as $72K Support Holds, $79K Retest in Sight

As the BTC price continues to trade above $72,000, traders are closely monitoring whether the market can build enough momentum to challenge resistance levels near $79,000.

Recent chart signals, combined with key Fibonacci support levels and institutional interest through spot Bitcoin ETF products, have brought renewed attention to the short-term outlook for the world’s largest cryptocurrency.

TD Sequential Indicator Signals Potential BTC Rebound

Market analyst Ali Martinez, known online as Ali Charts, recently highlighted a bullish development on Bitcoin’s 12-hour chart. According to the analyst, Bitcoin has printed a TD Sequential “9” buy signal near the $73,900 level.

Bitcoin flashed a TD Sequential buy signal, suggesting a potential rebound toward the $75,000 level. Source: Ali Martinez via X

The TD Sequential indicator is designed to identify potential trend exhaustion points. A completed “9” count often suggests that a prevailing move may be losing strength and that a reversal or relief rally could follow.

Notably, the signal emerged as Bitcoin BTC tested the lower boundary of a multi-month ascending channel. The setup also coincides with the 100-day Simple Moving Average and the 23.6% Fibonacci retracement zone between approximately $71,300 and $73,000, reinforcing the importance of this support area.

While a single indicator does not guarantee a reversal, the alignment of multiple technical factors has strengthened the case for a potential short-term recovery.

Bitcoin Price Today Holds Key Fibonacci Support

Additional analysis shared by trader EMASA2030 points to another important technical development. The analyst noted that Bitcoin is successfully holding the 0.5 Fibonacci retracement level between $73,200 and $73,800.

Bitcoin is holding key Fibonacci support, with a move above $76,200 potentially paving the way toward the $79,000 region. Source: @EMASA2030 via X

This support zone sits close to a significant area of market interest and has helped prevent further downside despite recent selling pressure. According to the analysis, the next major hurdle for bulls is the 50-day Exponential Moving Average near $74,800.

A daily close above $76,200 would represent an important technical breakthrough. Such a move could open the door for a push toward the 0.618 Fibonacci retracement region between $78,500 and $79,000.

The analyst’s risk management framework places invalidation below $72,500, while upside projections extend toward the $82,000 area if bullish momentum accelerates.

For now, the price of Bitcoin remains trapped between support near $72,000 and resistance in the mid-$70,000 range, making upcoming sessions particularly important for determining the next directional move.

Technical Indicators Paint a Mixed Picture

Despite the recent buy signal, broader market indicators continue to reflect a cautious environment.

According to TradingView data, the Bitcoin price today was trading around $73,900 at the time of analysis. The platform’s overall technical summary remains neutral, consisting of 13 sell signals, 8 neutral readings, and 5 buy signals.

Momentum indicators present a mixed outlook:

• Relative Strength Index (RSI): 38 (Neutral)

• Stochastic %K: 21 (Neutral)

• Commodity Channel Index (CCI): -114 (Buy)

• ADX: 26 (Neutral)

• MACD: -1,090 (Sell)

• Stochastic RSI Fast: 13 (Buy)

• Ultimate Oscillator: 40 (Neutral)

Several oscillators have entered oversold territory, suggesting that downside momentum may be weakening. However, the bearish MACD reading indicates that broader trend confirmation has yet to emerge.

The data suggests Bitcoin is currently in a consolidation phase rather than a clearly established uptrend.

Moving Averages Continue to Challenge Bulls

One of the biggest obstacles facing Bitcoin remains its position below several key moving averages.

The cryptocurrency currently trades beneath the 10-day, 20-day, 30-day, 50-day, and 200-day exponential moving averages. These levels now act as resistance zones that buyers must reclaim before a stronger recovery can develop.

Bitcoin continues to hold above the critical $72,000 support level, increasing the likelihood of a move toward the $83,000–$86,000 range. Source: CryptoSkullSignal on TradingView

Key moving average levels include:

• 10-day EMA: $74,982

• 20-day EMA: $76,106

• 50-day EMA: $76,189

• 100-day EMA: $76,547

• 200-day EMA: $81,054

A notable exception is the 100-day simple moving average at $73,169, which remains below the current market price and may continue to provide support.

TradingView’s analysis suggests that a sustained move above the $75,000-$77,000 range would significantly improve the technical outlook and potentially validate recent bullish signals.

Bitcoin ETF Activity Remains in Focus

Institutional sentiment continues to play an important role in shaping the broader Bitcoin price prediction narrative.

The iShares Bitcoin Trust (IBIT), the spot BlackRock Bitcoin ETF, remains one of the largest vehicles for institutional exposure to Bitcoin. Recent technical readings for IBIT show a bearish bias, with TradingView assigning a Sell rating across multiple timeframes.

IBIT price chart. Source: TradingView

IBIT has declined more than 17% year-to-date and over 32% during the past 12 months, reflecting the broader correction in crypto markets. However, the fund still manages approximately $58 billion in assets, underscoring ongoing institutional participation despite recent volatility.

Market participants continue to monitor ETF flows closely, as shifts in institutional demand have increasingly influenced short-term BTC price prediction trends.

Bitcoin Price Prediction: Can BTC Reach $79K?

Bitcoin’s ability to hold above $72,000 remains one of the most important developments on the chart. Multiple analysts identify this level as a critical support area that could determine whether the market stabilizes or extends its correction.

Bitcoin (BTC) was trading at around $73,773, up 0.45% in the last 24 hours at press time. Source: Bitcoin price via Brave New Coin 

The recent TD Sequential buy signal, combined with support from key Fibonacci levels, provides evidence that bearish momentum may be fading. At the same time, the broader technical structure remains mixed, with several major moving averages still acting as overhead resistance.

If buyers can reclaim the $76,200 level, technical targets near $78,500 and $79,000 may come into focus. A stronger breakout could eventually bring the $82,000 region back into play.

For now, traders appear focused on whether Bitcoin can maintain its position above $72,000 while building momentum toward a potential breakout in the days ahead.