Bitcoin’s Price Poised for New ATH after $67,500 Resistance Level: 10x Research

Bitcoin’s price is poised to surge to new ATHs if it can successfully surpass the critical $67,500 level, which is currently acting as a significant resistance point.

According to Markus Thielen, the head of research at 10x Research, breaking through this level could pave the way for a bullish rally.

He said that the recent recovery of Bitcoin above the psychological threshold of $66,000 is seen as a positive sign for its price action. 

Over the past week, the leading cryptocurrency has witnessed a growth of more than 7.3%.

Thielen emphasizes that a breakthrough above $67,500 has the potential to drive Bitcoin to new all-time highs, further validating their Bitcoin ETF model’s projections.

Spot Bitcoin ETFs See Inflows for Two Weeks

In the United States, spot Bitcoin exchange-traded funds (ETFs) have experienced positive inflows for two consecutive weeks.

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