Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Cryptoanalysis firm Swissblock noted that the $70,000 and $73,000 levels represent significant resistance limiting the price of BTC. "Short-term pullbacks are being treated as buying opportunities, with the $67,000 level proving to be reliable support," Swissblock said in a report.