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Bitcoin tops $72K - But THESE signals raise caution for BTC traders
2 Articles
2 Articles
Bitcoin Above $72K: Why This Breakout May Not Be What It Seems
Bitcoin has reclaimed the $72,000 price level, but seasoned traders are urging caution. Despite the psychological significance of breaching this key resistance zone, the current breakout is missing two critical ingredients: volume and volatility. Without these, the move may be more of a technical drift than a genuine bullish breakout. After a sharp correction that pushed Bitcoin prices into the mid-$60,000 range earlier this year, BTC has been c…
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