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Bitcoin $73,000 Cannot Be Surpassed for the Third Time: This Level Must Be Crossed for a Bull

Bitcoin (BTC) price, after the ceasefire, failed to break the $73,000 resistance for the third time and pulled back, with the overall upward momentum in the market giving way to a cautious wait-and-see approach.

Despite demonstrating strong performance throughout the week, Bitcoin (BTC), the leader of the cryptocurrency market, faced the tough barrier at $73,000 once again. On Thursday, the leading asset tested this critical limit but was met with selling pressure, and by Friday, it had fallen to $71,843. Each wave of upward movement following the geopolitical tensions that have persisted since the end of February has been halted at this point, once again proving the strength of the resistance level among investors.

On a weekly basis, Bitcoin gained 7.9%, marking its best weekly performance since the start of the war, but market uncertainty remains. Ethereum (ETH) finished the week with a 6.6% increase at $2,189, while Solana (SOL) is trying to hold at $83.09 and Dogecoin (DOGE) at $0.092. The fact that all assets in the top 10 are in the green on the weekly chart reflects an optimism not seen in the market for over a month.

Analysts emphasize that for the market to enter a genuine bull phase, Bitcoin’s price needs to rise above $75,000.

The rally following the ceasefire announced on Tuesday began to falter as Iran accused the U.S. of violating the terms of the agreement. The partial opening of the Strait of Hormuz due to technical restrictions and the rebound of oil prices above $97 are suppressing risk appetite in the markets. During this period, Ethereum (ETH) remains in a consolidation zone between $2,000 and $2,400.

While a general recovery is observed across the market, sharp declines in altcoins such as Algorand (ALGO), Aptos (APT), and Polkadot (DOT) draw attention. Experts believe that this divergence is caused more by existing investors rotating among assets rather than new capital entering the market. The Fear and Greed Index, which had been in double digits for the first time in a month, is now recovering, and developments over the weekend will determine Bitcoin’s fate.