Key BTC price levels to watch above $74k
Bitcoin (BTC) price neared a monthly high of $74,000, posting a 10.42% weekly gain, the biggest seven-day gain since September 2025.
Spot market activity, exchange-traded fund (ETF) flows, and corporate-level BTC holdings point to a positive shift in demand, as analysts monitor whether renewed buying pressure can support a rally to higher price levels.
Bitcoin Coinbase premium gap will reverse after 10 weeks
Crypto analyst IT Tech's Coinbase premium gap, which measures the price difference between Coinbase and Bitcoin on global exchanges, currently reads +35.4, marking its first positive print in ten weeks.
The gauge earlier fell to -175 on February 2, when Bitcoin traded near $78,000. That period saw a very deep negative reading during a correction that pushed BTC towards $60,000.
The premium has remained in negative territory for most of 2026, reflecting continued selling pressure by US spot traders. A positive premium indicates buying pressure, coinciding with a BTC rally.
Spot BTC ETF flows have also improved over the past three weeks. With the recent recovery and growing institutional activity, net income now exceeds $1.9 billion.
The additional demand comes from corporate purchases. Strategy received 11,042 BTC this week in the STRC financing program.
RELATED: STRC Strategy Before BlackRock Could Help Reach Bitcoin Milestone 1M
BTC liquid concentrations are set above $75,000
Bitcoin is currently trying to retrace its 100-day moving average on the daily chart, the first major test of this level since it turned into resistance on January 20.
If Bitcoin confirms above $74,000, the price will enter the zone of dense liquidity. The liquidity map shows approximately $1.9 billion of leveraged long positions pooled at more than $75,000.
Above $75,000, nearly $2 billion of sell-side liquidity sits between $76,000 and $80,000, though it spreads in the $4,000 range.
If BTC pushes through this range, the next technical range is set between $79,400 and $81,400, the one-hour fair price difference (FVG) during the previous decline. These mismatches between buyers and sellers often serve as key turning points for moving forward.
Speaking on the retest of $74,000, crypto trader RD, Bitcoin needs to reverse this level to support and rebuild the high-time frame (HTF) breakout trend to regain the $85,000 region.
Meanwhile, MN Capital founder Michael Van de Pop identified $76,000–$79,000 as a protective band where more momentum could flow into the altcoin markets.
A move into that region would reveal a monthly engulfing candlestick pattern, effectively canceling February's correction for BTC. A bullish pattern on the monthly chart may invite more buying pressure from traders, as it shows a positive trend on the HTF chart.
Related: ‘Opportunity in Risk' Holding Bitcoin Up to Gold Hints
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