đBitcoin (BTC) soared past $70,000, a first in over a month, sparking speculation about the start or peak of a bull market. The surge comes ahead of the FIT21 Act vote and amid a rise in spot buying and BTC ETF purchasing.đ
BTC faces a critical resistance between $69,000-$72,000. Despite a 51% drop in whale transactions in the past five days, BTC's price is on the brink of all-time highs if it can break the $67,500 resistance level.
Is this the end of the consolidation phase? Or the beginning of a bearish reaction? Share your thoughts below!đ
