Yesterday, Bitcoin recovered the key level of 70,000 USD with a daily candle of +3.97%, following Sunday’s pump which saw another +5% printed: let’s see how the price analysis has now changed.
Now is the moment of truth: this latest movement opens the doors to a restart of the crypto asset towards new all-time highs or will there be a rejection before $74,000?
In this article we will see an analysis of prices and an in-depth look at ETF data and derivative market metrics.
All the details below.
Bitcoin price analysis: the crypto recovers 70,000 USD
After 10 days of suffering, Bitcoin returns to push on the charts going to recover the price level of 70,000 USD; so important for the price action of the currency, which could now aim for new highs.
Technical analysis signals the possibility of an imminent attack in the $74,000 zone, but bulls must be careful of possible fake movements or bear absorptions.
The game is played here, in the macro price range between 74,000 an
We współpracy z: https://en.cryptonomist.ch/2024/03/26/analysis-of-bitcoin-price-restart-or-fake/
