Bitcoin Rejected Again — Is BTC Setting Up for a Sharp Drop Below $70K?

The post Bitcoin Rejected Again — Is BTC Setting Up for a Sharp Drop Below $70K? appeared first on Coinpedia Fintech News Bitcoin price faced a rejection near the crucial resistance, plunging by 2.62% to reach close to $75,000. The rally seems to be driven by geopolitical news, as the recent gains have completely faded. The IRGC fully blocked the Strait of Hormuz again, which has intensified the selling pressure on the token.  After another rejection near …