Bitcoin's price has settled around $77.3K after a notable breakout from the $67K level. The improved overall structure suggests a bullish trend, but the cryptocurrency now faces a significant challenge in the form of a resistance cluster at $80K-$82K.
Source
"Bitcoin Price Hovers at $77.3K Ahead of Crucial Resistance" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
A Coinbase Premium reading indicates that US spot demand has not yet fully validated the recent price increase, which could indicate potential weakness in the market.
BTC · 7D · $77,680−2.7%