Bitcoin price faces rejection at $72,000 amid low spot demand
Market / Price
Bitcoin (BTC) price is facing a strong supply wall around $72,000 on April 9 amid low spot liquidity inflows in recent past. Since early February, Bitcoin price has been trapped in a consolidation, with significant resistance above $72,000. After a rebound above this level earlier this week, BTC price may be forming a potential reversal pattern, characterized by a possible double top and a lower high, trading at about $71,222 at press time. BTC/USD 30-day performance
BTC
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