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Coin Edition 2024-05-22 17:20:00

Bitcoin (BTC) Price Consolidation Hints at Breakout: Will $72K Resistance Hold?

Bitcoin’s (BTC) price has experienced a slight downturn in the past 24 hours, failing to surpass the $71,426 resistance level. Despite this, the cryptocurrency faces minimal resistance as it approaches a significant supply zone between $70,180 and $70,600, where over 450,000 addresses have purchased approximately 273,000 BTC. BTC chart (source: X) The robust support levels The post Bitcoin (BTC) Price Consolidation Hints at Breakout: Will $72K Resistance Hold? appeared first on Coin Edition .

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