Bitcoin Probes $71,500 as Resistance Concerns Plague Bulls
Published on March 10, 2026.
Bitcoin (BTC) has found fresh strength at the Wall Street open as bulls are expecting a revisit of local highs. The 50-day moving average above $73,500 is a point of concern for BTC/USD going forward. Data from TradingView showed 4.5% daily BTC price gains, with the first time since the weekly open since December. Geopolitical tensions between the Middle East conflict and global oil supply also contributed to the surge in the Nasdaq. However, traders believe Bitcoin could drop to take long liquidity at $68,000 next.
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