BITCOIN - The bears held the 72K resistance level. Rebound Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PRLindaBTCUSDT.P currently appears stable amid the chaotic market for indices, metals, and energy resources. Is this a hedge asset? Bitcoin is bouncing off the 72K resistance level, and the market continues to keep the flagship asset in a downtrend. However, globally, Bitcoin looks fairly stable against the backdrop of other markets that are going crazy. Technically, the price (locally) looks bearish. After rebounding from the trading range resistance, the price may test the local liquidity and interest zone: 68,900 – 67,300. Resistance levels: 70,530, 71,980 Support levels: 68,900, 67,300 A retest of resistance could shift the imbalance in favor of sellers and trigger another move toward the support zone. However, a close below 68,900 could push the price down toward 67,300 Sincerely, R. Linda!