Bitcoin first needs a weekly close above the $71,300 mark to confirm a likely price breakout to new all-time highs.
Read morePrice analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
Read moreBitcoin price at $72K is the ‘fuse’ to reach new ATH — Analyst
Bitcoin price above $72,000 would liquidate $800 million worth of leveraged shorts, making it a significant resistance level for BTC.
Read morePrice analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls.
Read moreBNB, AR, XMR, and TIA set to rally — Will Bitcoin's $70K breakout be the trigger?
Bitcoin price action could remain sideways for longer, but BNB, AR, XMR, and TIA may see some short-term gains.
Read morePrice analysis 5/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Bitcoin and Ether may spend more time inside a range before starting a trending move.
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