According to technical analysis, Bitcoin's recent bull run has taken a pause. After climbing steadily over four consecutive days, BTC nearly touched $72,600 today. Over this period, Bitcoin surged by 9%, confirming October as "Uptober."
Bitcoin's upward momentum is expected to slow down, with a likely retest near the $69,000 level. Volume data indicates significant selling pressure around $72,700, which serves as a critical resistance point. Sellers are expected to become active at this level, potentially driving the price lower in the short term.
#BinanceBlockchainWeek #BTCETFDemandSurge #USJobOpeningsDip #BTCETFDemandSurge 
