BTC price to retest $72K as Bitcoin sets up $7B liquidation showdown

Bitcoin traders continue to look higher after a cooling-off period sees BTC price support stay firmly in place.

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Bitcoin (BTC) offered a short-timeframe rebound at the July 24 Wall Street open as a popular analyst eyed a “tug-o-war” on exchanges.

Data from Cointelegraph Markets Pro and TradingView showed BTC price action targeting $67,000, up around 1% on the day.

A trip lower, which some had anticipated, nonetheless preserved key support at both $65,000 and short-term holder realized price at $65,110.

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