Bitcoin BTCUSD price is trading at $69,192 on April 6, and has recovered with approximately a 4% increase from the local low on April 5. This jump is notable as the third upward move arising from the same technical signal on the 8-hour chart within just one week. Each time the signal indicates an upward movement, the price encounters resistance in the same region. This recurring scenario raises the question "Could it be?" and the answer is hidden in on-chain data. That answer will determine whether this rally will be different from the previous two failed attempts.#GateSquareAprilPostingChallenge

BTC-0.85%
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