"Bitcoin Nears $73K Amid Market Volatility and Record Trading Volume"

1 min read
Source: AMBCrypto News
"Bitcoin Nears $73K Amid Market Volatility and Record Trading Volume"
Photo: AMBCrypto News
TL;DR Summary

Bitcoin's price has surged over 12% in the past week, crossing the $60k mark and hinting at a retest of its all-time high (ATH). However, a significant rise in liquidation at $72.3k could lead to a price correction. Metrics indicate increased selling pressure and potential short-term corrections, despite bullish signals like the Relative Strength Index (RSI) and Bitcoin's Rainbow Chart suggesting a "BUY" phase.

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