BTC Retests $66,000, Consolidating For Next Move

IconCryptoNewsTerminal Staff23 Jul, 2024

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BTC Retests $66,000, Consolidating For Next Move

Bitcoin (BTC) has been consolidating over the past few hours after a strong rally to near $67,000. At the time of writing, BTC is trading at $65,989.98 on Binance, down by 1% in the last 24 hours. The consolidation could be a sign that a correction is underway. However, bulls remain in control as long as BTC holds above $65,000. If BTC can break above $66,000, it could pave the way for a move towards $70,000.