Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Crypto analytics firm Swissblock noted that the $70,000 and $73,000 levels pose significant resistance capping BTC’s price. “Short-term pullbacks are being treated as buying opportunities, with the $67,000 level proving to be a reliable support,” Swissblock said in a report.

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Cryptocurrencies: 17,173
Markets: 1,282
Marketcap: $ 2.79 T
24h Vol: $ 108.59 B
BTC Dominance: 58.86%