Bitcoin (BTC) Bulls Aim for $70,000 Amidst Volatile Crypto Market Fluctuations

In spite of the difficulties faced, the close-up coverage reveals indications of a potential rebound in the daily price chart. The relative strength index (RSI) of Bitcoin points to a resistance level at $69,500, hinting that any future price surge may discover strong support at this point. Moreover, the interest from institutional investors is steadily increasing, supported by the endorsement of Bitcoin Spot ETFs and the introduction of physically backed BTC and Ethereum exchange-traded products on the London Stock Exchange.