Bitcoin

<ul><li>Crypto Rover highlights Bitcoin&#39;s significant rejection at $70,000 resistance, causing a drop to $66,000.</li><li>Despite setbacks, Rover sees Bitcoin in a healthy uptrend, retesting key support levels with the potential for a breakout.</li><li>The US government’s $2 billion Bitcoin transfer signals a strategic shift, impacting market dynamics, says Rover.</li></ul>Renowned analyst <a href="https://x.com/rovercrc/status/1818179571436474702" rel="noopener noreferrer nofollow">Crypto Rover</a> recently shared his insights on Bitcoin&#39;s latest market movements. In a recent YouTube video, the analyst discussed a significant rejection at a critical resistance level that affected Bitcoin&#39;s price trajectory.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfw8WmrXh4gY4KoaPKDYWdlR-p_KRxn_UmS3jRnGmgjUJ2fb031m57f1Ncn0eD-UKe_4ua29muFTh3rTvRlOtsyezH2wp2V0N2LAgNknCx0eOKfUNlHUIFuPuhQAt7Y86DK3I1SRMUHcIWmQy8TXMM4q3W-?key&#61;9uNQ2BfWMqUfMZgBktbszg" />According to analysts, Bitcoin, which attempted to break through the $70,000 mark, faced a rejection, dropping to $66,000. This rejection occurred at a downward-sloping resistance line, previously identified as a crucial barrier. Despite this setback, Rover remains optimistic about Bitcoin&#39;s long-term trend.<a href="https://cryptotale.org/analyst-explains-bitcoins-70k-rejection-and-predicts-future-breakout/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Analyst Explains Bitcoin's $70K Rejection and Predicts Future Breakout

CryptoTale

Altri articoli pubblicati su 31 lug 2024

Bitcoin Cash Surges 12%, Analysts Forecast An Additional 25% Gain

Meme Coin Presale Hogs Attention As Solana Ecosystem Expands

Ethena and Bybit Partner for 20% APR on USDe Collateral

Bitcoin Transaction Fees Lower as Price Swings

Aptos and Filecoin In The Green But All Eyes Are Firmly On This New Viral Crypto Set To Capture S...

Crypto Gamblers Stake Record $445M On Presidential Race Between Trump and Harris

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!