The leading cryptocurrency Bitcoin showcased a surge in volatility this week, witnessing supply pressure at $69000-70000 resistance. The daily chart projects two reversals from the overhead barrier indicating the sellers are actively defending the $70K psychological level. With an intraday gain of 1.34%, the Bitcoin price projects another breakout opportunity for buyers which may pave the way for a prolonged recovery trend.
Key Levels To Watch If Bitcoin Price Breaks $70000 This Weekend
coingape.com
10 March 2024 16:49, UTC