Bitcoin is showing resilience at the $68,000 range, indicating possible upcoming volatility. This persistence suggests a strong market interest, despite obstacles in breaking the $69,000 resistance level.
Traders are optimistic about a potential breakout, though challenges remain due to significant sell walls at these high price levels. These sell walls could hinder Bitcoin from reaching new all-time highs.
The situation is complex, as traders must navigate this sell wall to see further upward movement in Bitcoin’s price.
