Bitcoin is witnessing a rise in liquidations as it approaches a crucial resistance level at $70,000. This development is accompanied by heightened volatility in the market.
Despite this volatility, there is a prevailing sense of bullish sentiment among investors, suggesting optimism about Bitcoin's potential to break through the resistance and continue its upward trajectory.
The current dynamics indicate a critical phase for Bitcoin, as traders watch to see whether it can overcome resistance and sustain its momentum.
