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Just watched BTC spike to 74k and then immediately dump back down. Pretty wild swing if you ask me. Looks like a lot of people were ready to take profits the moment it hit that level.
Checking the charts right now, we're hovering around 73.9k with a small dip of about 0.74% in the last 24 hours. The quick cashing out after that jump tells me there's still some resistance at that price point. Could be institutional traders locking in gains, or maybe just retail taking their wins and running.
Interesting to see how much selling pressure kicks in when BTC gets close to these round numbers. Makes you wonder if we'll see another attempt to break through or if we're settling in for a bit.