{"id":61329,"date":"2026-02-04T09:22:25","date_gmt":"2026-02-04T02:22:25","guid":{"rendered":"https:\/\/hbbgroup.net\/heres-what-to-expect-if-the-bitcoin-price-maintains-support-above-74400\/"},"modified":"2026-02-04T09:22:25","modified_gmt":"2026-02-04T02:22:25","slug":"heres-what-to-expect-if-the-bitcoin-price-maintains-support-above-74400","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/heres-what-to-expect-if-the-bitcoin-price-maintains-support-above-74400\/","title":{"rendered":"Here\u2019s What To Expect If The Bitcoin Price Maintains Support Above $74,400"},"content":{"rendered":"
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Crypto analyst and Elliott Wave expert Gert van Lagen has highlighted a critical level that could determine <\/span>the next move in the Bitcoin price<\/span><\/a>. In a recently shared 2-week chart, Lagen points to a broader market structure that suggests Bitcoin may be preparing for another strong upward leg, provided it continues to hold above $74,000. According to the analyst, this level now serves as a key support zone, marking the boundary between <\/span>bull-market continuation<\/span><\/a> and a potentially more concerning structural breakdown.\u00a0<\/span><\/p>\n

Why $74,000 Matters For Bitcoin Price Bull Structure<\/h2>\n

In an X post, Lagen <\/span>shared<\/span><\/a> a detailed analysis of Bitcoin, predicting its next price move based on <\/span>Elliott wave structures<\/span><\/a>. His accompanying chart shows BTC completing an extended corrective phase following a multi-year rally. This correction, labeled Wave IV, has pulled the price back into a previous consolidation zone <\/span>without disrupting the broader bullish structure<\/span><\/a>. As long as Bitcoin remains above $74,400, the analyst views this move as a healthy reset rather than the beginning of an extended bear market.<\/span><\/p>\n

Looking back at earlier phases of the cycle helps explain why the $74,400 support level is so critical. Lagen noted that during the build-up to Wave III, <\/span>Bitcoin experienced a deep retracement<\/span><\/a> that nearly revisited the low from the previous corrective wave before pushing higher. The cryptocurrency\u2019s current price action appears to follow the same pattern, with <\/span>the latest pullback<\/span><\/a> approaching the bottom of Wave IV at mid-$70,000.<\/span><\/p>\n

\"Bitcoin\"
Source: Chart from Gert van Lagen on X<\/a><\/figcaption><\/figure>\n

This type of pattern repetition is common in Elliott Wave structures and often signals that the market may be preparing for a stronger upward move. In line with this, Lagen highlighted that <\/span>BTC\u2019s recent price movements<\/span><\/a> match the characteristics of a Wave II correction within a broader Wave V advance. He <\/span>said<\/span><\/a> that $74,000 remains in the invalidation area. Holding above it keeps Bitcoin\u2019s bullish outlook intact, while a decisive break below it would force a reassessment of BTC\u2019s entire market structure. In any case, the analyst has <\/span>stated<\/span><\/a> he does not expect Bitcoin to break this support zone.\u00a0<\/span><\/p>\n

What The Chart Says About Bitcoin\u2019s Next Move<\/h2>\n

If the $74,400 support level continues to hold, the projected path on Lagen\u2019s chart <\/span>suggests<\/span><\/a> the start of a new impulsive rally that would mark the early phase of Wave V. The initial move higher is expected to push the Bitcoin price back above previous highs, signaling that <\/span>the corrective phase<\/span><\/a> has ended and momentum has flipped back in favor of the bulls. According to the analyst, if Bitcoin continues to <\/span>mirror<\/span><\/a> past patterns, a bearish outcome remains less likely.<\/span><\/p>\n

Looking at his chart, Lagen has projected that Bitcoin could experience a bullish continuation toward the $260,000 to $320,000 region, which aligns with sub-wave 3, the strongest phase of a Wave V advance. Following this, the final extension of Wave V is expected to push Bitcoin toward $400,000, reflecting a final-cycle advance and representing a surge of more than 410% from current levels around $78,000.<\/span><\/p>\n

\"Bitcoin\"
BTC trading at $78,138 on the 1D chart | Source: BTCUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Featured image from Peakpx, chart from Tradingview.com<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Crypto analyst and Elliott Wave expert Gert van Lagen has highlighted a critical level that could determine the next move […]<\/p>","protected":false},"author":5,"featured_media":61330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-61329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/61329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=61329"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/61329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/61330"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=61329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=61329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=61329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}