I noticed that Bitcoin failed again to break through the $75,000 barrier this morning. After briefly surpassing this level, it quickly dropped and is now around $73,500 on the U.S. markets. This kind of movement reminds us of the risks of a Bitcoin flash crash when resistance is too strong.

What’s interesting is that this drop coincides with a broader market pullback. The Nasdaq and the S&P 500 lost some momentum after their rally yesterday, and crypto-related stocks followed suit. Major trading platforms and crypto software companies all declined by 2 to 3% this morning.

The $75,000-$76,000 zone is really crucial for Bitcoin. It was the level before the February flash crash that brought BTC down to $60,000. If Bitcoin manages to break above this resistance, we could see a larger move toward $90,000, the level where the year started.

What I also observe is that Bitcoin and tech stocks moved in parallel before the geopolitical tensions at the end of February. At that time, Bitcoin outperformed by 11%, while tech ETFs only gained 2%. But this week, tech stocks are catching up with an 11% increase, while Bitcoin stalls. This suggests it wasn’t really a divergence, just a temporary lag.

For now, Bitcoin is down 1.5% this Thursday, and honestly, this Bitcoin flash crash shows how strong the resistance at $75,000 really is. We’ll see if it can be definitively broken or if we remain stuck in this zone.