Bitcoin at a Critical Juncture: $71,500 Zone is the Final Battlefield

Bitcoin at a Critical Juncture: $71,500 Zone is the Final Battlefield

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Bitcoin is currently testing the crucial $71,500 resistance level. After a recent dip to $60,000, the asset has shown a strong bounce, silencing skeptics and empowering dip buyers. The market stands at a pivotal point, with a potential reclaim of this zone leading to further upside, while a failure could see a drift back towards $61,000.

Bitcoin keeps knocking on $71,500, sooner or later the door opens Bitcoin made a familiar but stressful move this week; it bounced hard enough to make the skeptics quiet and the dip buyers loud again. After the crash down to around $60,000, the price clawed its way back to the a spot that has become […]

The post Either Bitcoin reclaims this crucial zone immediately or the mid-range drift back toward $61,000 begins appeared first on CryptoSlate.