Bitcoin is retesting the breakout zone from its W-pattern, with the $75,800-$76,800 area now acting as the key support range. At the same time, BTC remains above major moving averages, keeping the $90,000 upside setup active as long as support holds.
Bitcoin Price Retests W-Pattern Breakout as $90K Target Stays in Play
Bitcoin is retesting the W-pattern breakout zone from above on the daily chart shared by Man of Bitcoin on X.
The BTC/USD chart shows price trading near $76,973, close to the horizontal breakout area around $75,811. This level now acts as the main support after Bitcoin recovered from the March-April W-pattern structure.
BTC/USD Daily Price Chart. Source: Man of Bitcoin on X
The chart shows Bitcoin first dropped below the zone in February, then formed two rounded lows near the $64,000-$67,000 area. After that, BTC climbed back above the neckline and pushed toward the $82,000 area.
Now, Bitcoin has pulled back to test the same neckline from above. This type of retest often decides whether the breakout can continue or fail.
If BTC holds above the $75,811 area, the W-pattern setup remains active. In that case, the next upside target sits near the green resistance line around $97,835, while Man of Bitcoin pointed to a possible move toward $90,000+.
However, a daily close below the breakout level would weaken the setup. It would show that Bitcoin failed to hold the neckline as support after the breakout.
For now, Bitcoin is at a key decision point. The chart supports another upside leg only if BTC holds the retest zone and avoids a breakdown back below the W-pattern neckline.
Bitcoin Pullback Stays Orderly as BTC Holds Key Moving Average Support
Bitcoin is still holding a key moving average support zone on the daily chart shared by Super฿ro on X, keeping the pullback controlled for now.
The BTC/USD chart shows Bitcoin trading near $76,769 after pulling back from the recent high area above $82,000. However, price remains close to the 50-day EMA and 100-day EMA confluence, which the analyst marked on the left chart.
BTC/USD Daily EMA and SMA Chart. Source: Super฿ro on X
The EMA chart shows the 50 EMA near $76,725 and the 100 EMA near $76,854. BTC closed above that zone, which means buyers are still defending the short-term trend structure.
The SMA chart on the right gives another support view. Bitcoin is trading above the 100-day SMA near $75,841, while the 2025 low area sits around the same support band.
This makes the $75,800-$76,800 area important. As long as BTC holds this range, the pullback looks like a normal retest after the recent rally.
However, a daily close below the 100 SMA and the 2025 low area would weaken the setup. It would show that Bitcoin lost the moving average support that has helped protect the recovery.
For now, the chart does not show a breakdown. It shows Bitcoin testing support while staying above the main moving average zone.
