Bitcoin Jumped to $69K, But Analysts Warn of Strong Resistance Ahead

After a week of heavy selling, Bitcoin price has finally bounced back strongly, jumping 6% to to its previous 2021 high near $69,000. The sudden move forced bearish traders to close short positions, triggering total liquidations of about $571 million. Despite this strong recovery, analysts say it is too early to confirm a long-term trend … source: https://coinpedia.org/news/bitcoin-jumped-to-69k-but-analysts-warn-of-strong-resistance-ahead/