Bitcoin is approaching a critical resistance level of $70,000, as emphasized by Avinash Shekhar, co-founder and CEO of Pi42.
He discussed the market dynamics driving this price movement during an interview on October 22.
This resistance level is considered pivotal, and understanding the factors influencing it can provide insights into Bitcoin's short-term goals.
Traders and investors are keenly watching this progression, which could signify potential shifts in Bitcoin's market trajectory.
