Here are key bitcoin price levels to watch as the rally gathers steam
CoinDesk·6h ago·Neutral
What Happened
Bitcoin has surged above $74,000, reaching four-week highs as analysts predict continued upward momentum. At $75,000, options data shows dealers face negative gamma exposure, potentially amplifying volatility. This level also aligns with the 100-day moving average, previously acting as resistance in January. The $80,000–$80,600 range features positive gamma positioning, suggesting rangebound trading. Bitcoin currently trades below its 200-day average of $87,519.
Key Entities
BitcoinCoinDesk$74,000$75,000$80,000-$80,600Deribitnegative gamma100-day moving average200-day moving average$87,519