Bitcoin demand returns, giving bulls fuel to turn $72K to support

Bitcoin demand returns, giving bulls fuel to turn $72K to support

4.92%BTC$70,966 0.49%XLM$0.1558 4.08%TRX$0.3169 0.30%XMR$325.79 4.17%DOGE$0.09141 3.50%BCH$440.82 0.54%ADA$0.2487 4.95%BNB$600.05 2.23%ETH$2,181 2.55%SOL$81.96 3.22%HYPE$38.64 0.88%XRP$1.32 3.09%USD Written by Biraajmaan Tamuly,Staff WriterReviewed by Ray Salmond,Staff EditorBitcoin demand returns, giving bulls fuel to turn $72K to support10 hours agoBitcoin buy-side activity in the spot and futures markets supports the current rally toward $72,000, while short-term holders eased up on selling, increasing the chances of bulls taking control of BTC's price direction. Bitcoin (BTC) rallied above $72,000 on Tuesday as BTC order book and derivatives data showed buyers returning to the market. Bitcoin’s recent trading history suggests that holding the $70,000 level is the first task bulls need to master, but previous BTC price rallies were capped by short-term traders selling into the bullish

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