Bitcoin climbed to $74,458 on March 17, putting it within striking distance of the $75,000 resistance level that analysts at CryptoQuant have identified as the first major barrier to a broader rally. With perpetual futures traders turning decisively bullish ahead of the Federal Reserve’s rate decision and derivatives volume surging past $889 billion in 24 hours, the setup around this threshold is drawing intense market attention.

Why $75,000 is the level the market is watc