Looking at Bitcoin's biweekly chart, the setup appears favorable for another upside move if price maintains its footing above the $74k support level. That's the key threshold to watch right now.

What's catching attention is that major technical indicators are sitting at unusually depressed readings. This kind of positioning typically precedes meaningful rallies—though of course, once that bounce plays out, the narrative could shift toward bear market conditions.

So the near-term play hinges on whether BTC holds that $74k zone. Break below it, and the structure changes. Hold it, and you get one more shot higher before the story gets darker.