Bitcoin (BTC) Price Nears $70K as Increasing Accumulation Hints at Nearing Breakout, Bitfinex Says

New BTC and ETH accumulation addresses rising over the past month (Bitfinex via CryptoQuant)

Crypto analytics firm Swissblock noted that the $70,000 and $73,000 levels pose significant resistance capping BTC’s price. „Short-term pullbacks are being treated as buying opportunities, with the $67,000 level proving to be a reliable support,“ Swissblock said in a report.

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