BTC Rejected at $70K Again: The Massive ‘Obstacle’ Holding Bitcoin’s Price Down

Bitcoin’s price went through some intense volatility in the past week or so, especially since the attacks between Israel and the USA on one side, and Iran, on the other began on Saturday morning. Within this timeframe, the asset tried to reclaim the coveted $70,000 level on a couple of occasions, but to no avail. The last such example was on Monday when it skyrocketed by $5,000 in minutes, going from $65,200 to…