Bitcoin's Repeated Failure to Break $71,500 Signals Ominous Market Trend
Bitcoin's Repeated Failure to Break $71,500 Signals Ominous Market Trend
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Bitcoin has consistently struggled to breach the $71,500 price point, a critical resistance level that has become a significant focal point for market watchers. This persistent failure is interpreted as a more concerning indicator than typical sideways trading, suggesting a potentially ominous underlying trend for the cryptocurrency.
Bitcoin has a habit of turning certain numbers into places. A number becomes a shared memory, a public square where enough humans stare at the same line long enough that it starts to feel real. For the last few days, that place has been $71,500. Two days ago, I published a piece saying Bitcoin needed […]