Those repeated rejections kept inside a sideways band instead of opening the way for a breakout. The price moved back toward the middle of the range after each push higher. Daan also warned that Friday trading often brings de-risking and headline-driven price swings, which can add more volatility before the weekend.
CoinGlass orderbook data showed another barrier just above spot price. A whole order book chart indicated a heavy sell wall between $72,300 and $72,600. Below the market, smaller bids appeared near $69,200, while stronger support sat lower in the $68,200 to $68,500 area. Deeper liquidity was also visible near $67,000 to $67,500.
That orderbook structure showed heavier resistance overhead than direct support below. CoinGlass said the market may sweep lower liquidity first unless buyers remove the large sell wall. In a separate market view, Michael van de Poppe said Bitcoin may revisit the $65,000 to $66,000 area to print a higher low, adding that a weaker move could send the price toward the lower $60,000 range.
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