Bitcoin Tests Key Resistance Zone, Breakout Could Send Price to $70,000
Bitcoin's daily chart remains bullish as it tests resistance between $65,500 and $67,000.
This technical area is crucial for determining the market's next move, with buyers defending higher lows.
Analyst Super฿ro notes that a decisive breakout through this high-timeframe resistance could unsettle traders positioned for further declines and challenge bearish outlooks.
If Bitcoin overcomes this zone, momentum could accelerate upward, targeting an initial upside objective of $70,000 with further resistance expected near $71,500 to $73,000.