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Bitcoin

Bitcoin Price Prediction: Can BTC Hold $70K Support?

Bitcoin is retesting key support near the weekly Hull Moving Average while the daily chart shows a tight cluster between $73,000 and $71,300. A strong bounce could send BTC back toward $78,00

AnonymousCryptoCompass newsroom
June 2, 2026
4 min read
NEWS
Hero article visual / chart / editorial image
CryptoCompass editorial visual for bitcoin coverage.

Bitcoin is retesting key support near the weekly Hull Moving Average while the daily chart shows a tight cluster between $73,000 and $71,300. A strong bounce could send BTC back toward $78,000, but a clean breakdown may open the door to $65,000.

Bitcoin Price Retests Hull Moving Average as Analyst Compares Past Cycle Breakouts

Bitcoin has retested its weekly Hull Moving Average after a recent breakout attempt, according to a chart shared by Super฿ro on X.

The analyst compared the current BTC setup with similar weekly structures from 2014, 2018, and 2022, when Bitcoin also broke above the Hull Moving Average and later retested it.

Bitcoin Weekly HMA Chart. Source: Super฿ro on X

The chart shows four separate Bitcoin weekly cycle examples. Each panel marks the yellow Hull Moving Average, with breakout and retest areas highlighted.

In the 2014 example, BTC broke above the Hull Moving Average and later retested the same area before continuing through a recovery structure. The chart also shows a second retest later in that cycle.

The 2018 panel shows a faster move. Bitcoin broke above the Hull Moving Average and continued higher without a clear retest in the highlighted zone.

The 2022 panel shows another breakout and retest structure. BTC moved above the Hull Moving Average, pulled back into the same area, and later continued higher.

The 2026 panel shows Bitcoin now testing the weekly Hull Moving Average again. The chart places the HMA near $70,188, while BTC trades close to the same area.

Super฿ro said the retest was discussed two weeks earlier and has now arrived. He said previous retests felt weak at the time, but historically appeared near periods when long term positioning improved.

However, the current setup still needs confirmation. Bitcoin must hold near the Hull Moving Average and recover from the retest area before the comparison with earlier cycles becomes stronger.

A clean break below the moving average would weaken the setup. In that case, the retest would look more like failed support than a repeat of the previous breakout structures.

For now, the chart shows Bitcoin at a higher timeframe decision point. The next weekly candles will show whether the Hull Moving Average works as support again or whether sellers push BTC back below it.

Bitcoin Price Tests Critical Support as BTC Faces $65K Breakdown Risk

Bitcoin is testing a major support cluster between $73,000 and $71,300, according to a daily chart shared by Ali Charts on X.

The analyst said a strong reaction from this area could push BTC back toward $78,000. However, a breakdown below the support cluster could expose the $65,000 area.

Bitcoin Daily Chart. Source: Ali Charts on X

The chart shows Bitcoin pulling back after failing to hold the upper part of its rising channel. BTC moved lower through several marked levels and is now sitting near the lower support zone.

The main support cluster includes $74,020, $72,630, and $71,305. These levels sit close together, making the area important for the next move.

Ali Charts said Bitcoin needs a strong reaction from the $73,000 to $71,300 range. If buyers defend this zone, BTC could attempt a recovery toward $77,887, which aligns with the analyst’s upside area near $78,000.

Above that, the chart marks higher resistance near $82,811 and $89,071. Bitcoin would need to clear the lower resistance first before those levels become more relevant.

On the downside, a clean break below $71,305 would weaken the support setup. In that case, the chart points to $68,589 first, followed by deeper support near $65,230.

The chart also shows a lower level near $59,789, but BTC would need to lose the $65,000 area before that zone comes into focus.

For now, Bitcoin is at a key daily support test. The next move depends on whether buyers defend the $73,000 to $71,300 cluster or sellers push BTC toward $65,000.