Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,048.9 USDT.
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Analyst: The key resistance level for Bitcoin is $72,500, which may continue to face pressure in the coming months.
CryptoQuant analyst Darkfost stated that Bitcoin's failure to return to the realized price of $72,500, excluding long-term inactive supply, may face continued downward pressure, having historically remained below this level for 6 to 10 months during bear markets.
BlockBeatNews28m ago
Bitcoin Faces Extended Weakness Below Key Cost Basis
Bitcoin struggles below the key $72.5K realized price, indicating resistance and consistent selling pressure. Recent price action highlights weak recovery signs with potential further declines if support at $66K fails.
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