Bitcoin analyst sees ‘several more weeks’ before BTC price breaks $70K
Bitcoin may not yet be done consolidating below new all-time highs, with BTC price rejecting above $70,000.
Bitcoin (BTC) stayed near key BTC price levels into the May 26 weekly close as weekend trading focused on $69,000.
Data from Cointelegraph Markets Pro and TradingView showed strong performance by BTC/USD, which briefly passed $69,500 before consolidating.
Weekend upside, which some market observers predicted, nonetheless remained capped by familiar resistance zones.
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Author: William Suberg
