Bitcoin USD briefly punched through $73,000 few hours ago, its highest price since mid-March, before settling above $72,000. Two catalysts landed almost simultaneously, and the market didn’t wait around to react.

The immediate trigger was the US March CPI report. Headline inflation came in at 3.3% year-on-year, but the market-moving number was core CPI, 2.6% annually, below the 2.7% consensus forecast, signaling that underlying price pressures are cooling faster than expected.

Simultaneously, reports of potential ceasefire negotiations eased Brent crude from $91, taking some heat off energy-driven inflation fears. Bitcoin reacted within minutes of both headlines crossing the wire.

Layered beneath those macro sparks. A $358–$471 million in US spot ETF inflows, led by BlackRock’s IBIT, liquidated roughly $395 million in crypto positions (89% shorts) in what amounts to a textbook short squeeze. The broader crypto market followed BTC’s lead, posting modest weekly gains across most majors.

Strategy also added structural demand: the firm purchased approximately $144 million in Bitcoin on Thursday alone, funded through preferred share sales, with further purchases anticipated ahead of Wednesday’s dividend record date.

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Can Bitcoin USD Price Break $75,000 This Week?

The technical picture has shifted meaningfully. RSI climbed from oversold territory at 32 back to 58. Price reclaimed the $72,000–$73,000 band that had acted as resistance for weeks, and the 20-day EMA has flipped to support around $70,500–$71,000. That’s the level to watch on any pullback.

Resistance is still clustered at $73,000–$74,000 and $74,200, or the late-February highs. A sustained close above $75,000 would be the real validation signal. ACY’s analysts warn that $74,000 resistance could stall the recovery, with a hawkish Fed surprise capable of dragging price back toward $65,000, a 10% drawdown from current levels.

Market Cap

The broader crypto market cap recovery adds context to these targets, but whether this rally has legs or is just a squeeze bounce remains genuinely open.

DISCOVER: 10+ Next Crypto to 100X In 2025

Bitcoin Hyper Targets Early-Mover Upside as BTC Tests Immediate Resistance

Here’s the uncomfortable truth about buying Bitcoin at $73,000: the easy money in this cycle was made earlier. Spot BTC at current prices offers exposure to a mature asset testing all-time-high resistance, and meaningful upside exists, but it’s measured in percentages, not multiples.

Bitcoin Hyper ($HYPER) is positioning itself at the intersection of two of crypto’s most powerful narratives: Bitcoin’s security and institutional credibility, and Solana’s speed. The project claims to be the first Bitcoin Layer 2 with full Solana Virtual Machine (SVM) integration. Its smart contracts can execute faster than Solana itself, settled on Bitcoin’s base layer.

The presale has raised $32 million at a current token price of just $0.0136, with a high 36% APY staking available during the raise. Staking rewards and the SVM architecture have drawn comparisons to early Solana ecosystem launches, it’s bullish.

For those doing the research: explore Bitcoin Hyper’s presale details here.

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Akiyama Felix
Akiyama Felix
Crypto Journalist

Felix Akiyama is a True Veteran, Originating From the Crypto Class of 2018. A former visual effect artist turned to onchain degen and Vitalik Loving ETH maxi. Felix is notable in the VFX world for being one of the few... Read More

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