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CryptoIntelligence 2024-05-22 18:22:13

Bitcoin Hovers Near $67,000 as Traders Eye Key Resistance and Support Levels

Bitcoin hovered around $67,000 on May 19, with spot price liquidity strengthening as the week came to a close. Data from Cointelegraph Markets Pro and TradingView indicated that bulls maintained the week’s upward trend, pushing month-to-date gains above 10%. Popular trader Daan Crypto Trades identified $72,000 as the significant resistance zone. “Price did take out a big cluster around 67.4K but there’s still some big levels at ~$68K. ~$72K onwards is where most liquidity lies atm,” he shared on X, along with a CoinGlass chart. He noted, “Below, most has been cleared with the recent downtrend, first noteworthy level would

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