Bitcoin price has been showing strength above the $70,000 resistance level, and there are signs that it may continue to rise towards the $73,000 level. The price recently tested the $73,000 zone but faced resistance. However, it remains above $71,500 and the 100 hourly Simple Moving Average. There is also a bullish trend line forming with support at $71,300. If the price clears the $72,850 and $73,000 resistance levels, it could move even higher. The next key resistance levels to watch are $72,850, $73,000, and possibly even $74,000. If there is a downside correction, immediate support is seen at $71,300, followed by $70,000 and the 100 hourly SMA. Traders should conduct their own research and be aware of the risks involved before making any investment decisions.
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Bitcoin Price Faces Big Move – Can Bulls Send BTC To $75K?
