BTC Retests Critical Threshold at $66,000: Key Resistance Level
CryptoNewsTerminal Staff19 May, 2024
BTC Retests Critical Threshold at $66,000: Key Resistance Level
BTC, the flagship cryptocurrency, has again tested the crucial resistance level of $66,000, rekindling optimism among market participants. According to data from Coinis Market Monitor, BTC briefly touched the $66,000 mark before a slight pullback. At the time of writing, BTC is hovering around $65,979, as per the Binance USDT market. This latest attempt by BTC to break through the $66,000 barrier suggests strong buying pressure and renewed confidence in the cryptocurrency. Should BTC manage to sustain its momentum and breach this resistance level, it could pave the way for further gains.
