Bitcoin's price has been stuck at around $70,000 for five months, leaving investors wondering when it will break free from this range. According to analysts, the key to unlocking a new level of growth lies in overcoming three critical resistance levels on the weekly chart.
The cryptocurrency is currently trading near these levels, and its fate in March hangs in the balance. Historically, breaking through multiple resistance levels at once has proven challenging for Bitcoin, with some experts predicting that it may take until April for the price to surge above $70,000.