Bear Market Fears Grow as BTC Struggles Below $70K, CLARITY Act Resolution Nears: Weekly Crypto Recap
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Bitcoin found support near $65,000 after failing to break above $70,000 and $72,000. A weekend rally saw it surpass $70,000, indicating a potential recovery after weeks of volatility.
After several consecutive weeks of intense volatility and new multi-year lows, bitcoin has finally found some support but also significant resistance that continues to suppress its breakout attempts.
Last Friday, the cryptocurrency tested the $65,000 support after it was stopped at $70,000 and $72,000 days earlier. The bulls intervened at this point and didn’t allow another breakdown. Just the opposite; bitcoin started to recover some ground and exceeded $70,000 in a rare weekend rally.
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Coins
$ 68.03K
+0.07%Share:
In This News
Coins
$ 68.03K
+0.07%Share:
Read More
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Bear Market Fears Grow as BTC Struggles Below $70K, CLARITY Act Resolution Nears: Weekly Crypto Recap
Share:
Bitcoin found support near $65,000 after failing to break above $70,000 and $72,000. A weekend rally saw it surpass $70,000, indicating a potential recovery after weeks of volatility.
After several consecutive weeks of intense volatility and new multi-year lows, bitcoin has finally found some support but also significant resistance that continues to suppress its breakout attempts.
Last Friday, the cryptocurrency tested the $65,000 support after it was stopped at $70,000 and $72,000 days earlier. The bulls intervened at this point and didn’t allow another breakdown. Just the opposite; bitcoin started to recover some ground and exceeded $70,000 in a rare weekend rally.
In This News
Coins
$ 68.03K
+0.07%Share:
In This News
Coins
$ 68.03K
+0.07%Share:
Read More
‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed