Bitcoin Reclaims 50-Day Moving Average as Price Targets $75,000 and $80,000 Levels

Bitcoin has climbed back above its 50-day moving average around $71,125 and briefly traded over $74,000 before consolidating near $73,300, a 2.4% daily gain according to CoinGecko. Traders are watching whether BTC can hold above $73,000 and push toward the key $75,000 and $80,000 resistance zones, or if a drop back below the 50-day MA could turn the move into a bull trap with downside toward $62,000 and $60,500. Options positioning and renewed accumulation by large wallets are adding volatility as the market weighs the impact of broader geopolitical tensions.