Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?
Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Related Reading: Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7. 5% from the Sunday lows toward the $71,000 area, retesting this key level for the second time in a week before momentarily retracing toward the $69,000 level
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