I just saw Bitcoin briefly touch $74.000 yesterday, but it turned out to be just a flash rally. Now it’s already dropped back to the $71,500 area—down about 1.78% in the last 24 hours. It looks like those “jumping” buyers quickly took profits. below is the situation that often happens when there’s a price spike that’s too fast without strong fundamentals. It’s interesting to see that buy-the-dip action keeps going, but this kind of volatility makes many people nervous about holding. Will there be resistance at this level, or will it rebound right away? Let’s wait and see how it develops next week.

BTC-2.9%
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