Bitfinex Blog/
The Climb Towards $68,000 Continues
Bitcoin has risen to $66,990, approaching a key resistance zone at $68,000, though the advance is characterized by low trading volumes and thin participation.
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Read the original report at Bitfinex BlogWhy It Matters
The current price increase is driven by a reduction in sell-side pressure and short-seller retreats rather than aggressive new spot demand, making the market susceptible to volatility.