Bitcoin (BTC) is facing challenges in maintaining price levels above $76,000. Analysts emphasize that for a sustained uptrend, Bitcoin needs to achieve a proper high-time frame candle close above this threshold. Analyst Crypto Patel noted that such a close would pave the way toward the $84,000-$96,000 zone, where over 2 million BTC were acquired in the past six months. Additionally, trading resource Material Indicators highlighted multiple technical resistance levels, including the yearly open at $87,500 and the 50-week moving average at $97,000. A weekly close above $72,800 is also critical to confirm a breakout. The bull score index, which measures Bitcoin's market health, rose to 40, indicating a gradual recovery but still within neutral territory. A rise above 60 would signal strong bullish conditions. Meanwhile, demand for spot Bitcoin ETFs remains inconsistent, impacting price momentum, although recent inflows of $451 million suggest renewed interest from U.S. investors. Onchain activity is showing positive signs, with daily transaction counts reaching 17-month highs, reinforcing Bitcoin's upside potential.