Bitcoin attempts to break above $75,000… weakening resistance reinforces bullish signal

Key indicators in the Bitcoin (BTC) market are improving simultaneously, fueling speculation that prices could turn higher.

According to AMBcrypto on the 17th (local time), Bitcoin has recently shown a bullish tone as structural changes emerge, including a recovery in liquidity flows, easing selling pressure and position imbalances in derivatives markets.

CryptoQuant, an on-chain data analytics platform, shows that the “Inter-Exchange Flow Pulse” indicator has moved back above its 90-day moving average. The metric tracks the flow of funds moving between exchanges and has repeatedly appeared at the start of past upcycles. This suggests that it is not merely retail activity but that major capital—such as market makers and arbitrage players—is re-entering the market.

A shift is also evident in price action. Bitcoin has entered the $75,000 zone, but sell orders at that level have declined noticeably, indicating that the previous resistance is weakening.

AMBcrypto said, “With sell-side liquidity shrinking, conditions are forming in which buyers can push prices higher with less resistance.”

In derivatives markets, there are signs that short positions have become excessively crowded. Even as Bitcoin rises, funding rates have remained consistently negative, indicating that many investors are still positioned for a decline.

AMBcrypto assessed that “when positioning becomes skewed to one side like this, a strong rebound can occur if prices fail to fall,” adding that “the current structure suggests the move may not be a simple bounce, but could extend into further gains.”