Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

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.