Bitcoin Stalls at $70K as SPY, QQQ ETFs Post Record...
Bitcoin’s odds of holding above $70,000 waver as spot BTC ETF outflows and sharp selling from US equities place the current crypto market recovery in peril.
Bitcoin’s odds of holding above $70,000 waver as spot BTC ETF outflows and sharp selling from US equities place the current crypto market recovery in peril.
Bitcoin bulls attempt to establish support at $70,000 but rising concerns over the health of the US economy and inflation could chip away at the key price level.
Charts suggest Bitcoin may remain range-bound, with $74,000 being the toughest resistance to overcome. Will altcoins drop their recent gains or continue to find buyers?
Analysts believe that Bitcoin might witness strong moves, causing another round of forced liquidations.
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