5 days ago

Bitcoin Nears Key Resistance as Bearish Flag Persists Within Rising Channel Structure

TLDR: Bitcoin trades near $72K, approaching strong resistance within a well-defined ascending channel range. Analysts warn a move toward $77K may trigger a liquidity grab before a possible bearish reversal. Strong support remains at $60K–$62K, where buyers have repeatedly prevented deeper declines. Market remains in a compression phase, with a breakout or rejection likely to [...]

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