Is the Bear Market Over? Bitcoin Eyes $70,000 After Weekend Rally!
Bitcoin is in a bit of a tug-of-war right now. Some investors are taking profits which has slowed down the recent price surge. If bulls can push the price above $65,000 it could be a sign of renewed confidence and send Bitcoin towards $70,000...
However there are warning sign...technical indicator suggest bears are in charge and Bitcoin's struggles to overcome resistance levels are a cause for concern...
The next big level to watch is $60,000...if Bitcoin falls below that it could confirm a bearsh trend and trigger another wave of selling...the next few days could be crucial in determning Bitcoin's next move...
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