Bitcoin clings to $67K but analysis warns of 10% BTC price drop next

Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action.

Bitcoin (BTC) circled $67,000 on May 19 as liquidity around spot price strengthened into the weekly close.

Data from Cointelegraph Markets Pro and TradingView showed bulls holding the week’s upside, with month-to-date gains now above 10%.

Analyzing hurdles to overcome, popular trader Daan Crypto Trades noted that $72,000 now represented the largest resistance zone.

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