Bitcoin hits $71.5K+ local high as analyst sees bears ‘stepping in’ soon
Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance.
Bitcoin (BTC) found fresh strength at Tuesday’s Wall Street open as bulls eyed a revisit of local highs.
Key points:
Bitcoin attempts to push toward the top of its local range, hitting new week-to-date highs.