btc death cross - Bitcoin (BTC) in a Tug of War: Can Bulls Reclaim Strength, or Will Bears Strike Again?
- Bitcoin is currently trading near $70.3K.
- $249M in $BTCliquidations hit the market.
Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million $BTCexchanged. It makes it a strong area of both support and resistance. Also, the buyers and sellers are creating uncertainty in the market.