Bitcoin could be on the brink of a rally to new record highs, but it still has one significant resistance to overcome, according to Markus Thielen.
Bitcoin's price could start rallying to new all-time highs if it manages to decisively rise above the crucial $67,500 mark.
The $67,500 level is acting as a significant resistance line for Bitcoin (BTC), which could determine its price action in the coming weeks, according to a May 20 report by Markus Thielen, the head of research at 10x Research.
Thielen wrote:
