Bitcoin (BTC) has shown signs of life recently, with a surge in buying activity pushing the price above $60,000. This has some analysts eyeing a potential climb to $74,000, the resistance level it faced in November 2021. However, the road to $74,000-$76,000 could be bumpy, and experts remain divided on whether this is a true bull run or a temporary upswing.
According to IntoTheBlock data, over 1 million addresses acquired nearly 700,000 BTC in the past week within the $60,334 to $62,155 price range. This significant buying pressure indicates strong support at this level.
According to IntoTheBlock data, over 1 million addresses acquired nearly 700,000 BTC in the past week within the $60,334 to $62,155 price range. This significant buying pressure indicates strong support at this level.
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