Bitcoin Approaching Key Resistance at 72,000
On the daily chart, Bitcoin has bounced off the 67,275 support level and is now rallying towards the next resistance around 72,000.
Buyers are continuing to buy the dips, aiming for a new all-time high as long as market sentiment remains positive.
Meanwhile, sellers may use the 72,000 resistance as a strategic point to position for a potential drop back to the 67,275 support level.
Buyers are continuing to buy the dips, aiming for a new all-time high as long as market sentiment remains positive.
Meanwhile, sellers may use the 72,000 resistance as a strategic point to position for a potential drop back to the 67,275 support level.
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