Bitcoin ‘Trump pump’ potential matches key technical signal — Can BTC break $71.5K?

From Cointelegraph
July 26, 2024 12:09:59 PM:

The Bitcoin chart is showing a crucial buy signal, signaling a potential investment opportunity for investors. However, BTC is currently facing strong resistance at the $68,500 level, indicating a key hurdle for bullish momentum.

Investors are cautious as Bitcoin struggles to break above the $68,500 resistance level. Despite the buy signal, experts warn of significant challenges ahead for BTC as it seeks to overcome this key barrier in its price action.

BTC investors are closely monitoring the $68,500 resistance level as Bitcoin attempts to push higher. The buy signal on the chart has sparked hope for a potential breakout, but the resistance at this price point remains a major obstacle for bullish momentum.

Read more at Cointelegraph: Bitcoin ‘Trump pump’ potential matches key technical signal — Can BTC break $71.5K?