[[{„value”:”
Bitcoin is rising, trading firmly above the psychological round number at $60,000, looking at the formation in the daily chart. As BTC turns the corner, there could be more room for gains, even pushing the coin above local resistances at $66,000 and $72,000.
Bitcoin Bulls Dominate: Up Next $72,000?
In a post on X, one analyst notes that the average dominance of long-position liquidations has decreased to zero. This means buyers are increasingly building up their positions and dominating bears, as seen from June through the first half of July.
Of note, the drop in the average dominance of long position liquidations to zero suggests that few people are betting on dropping prices and taking leveraged short positions equally.
For this reason, Bitcoin headwinds at spot rates appear minimal, giving buyers an upper hand to push higher. With BTC decisively breaking above $60,000 and now on the cusp of closing above $66,000, there could be more gains in the coming days.
Looking a

Czytaj więcej

We współpracy z: https://bitcoinist.com/bitcoin-take-charge-traders-flow-back-up-next-72000/