Bitcoin Consolidation Continues as Market Eyes Support Levels

The crypto market has experienced a pullback following Monday's surge, with Bitcoin's price retreating to around $73,500 after hitting a high of $76,000. This consolidation is seen as a natural correction after a 15% price rally.

Bitcoin's Relative Strength Index (RSI) remains in 'overbought' territory, suggesting that further drops towards $72,000 may be on the horizon. However, this would resemble a period of consolidation, with potential for a bounce between $72,000 and $74,000 serving as a fresh level of support.