Bitcoin ($BTC) and altcoins surged sharply after news of a ceasefire between the US and Iran. However, Bitcoin failed for the third time after the ceasefire to break through the $73,000 mark, and the rally was interrupted. The $73,000 level served as resistance for the price each time it rose since the start of the conflict with Iran in late February. According to analysts, although the correction $BTC was moderate, Bitcoin showed its best weekly results since the start of the war, increasing by 7%. Analysts believe that at this stage, to enter a true bullish phase, the market needs to break through the $75,000 level. In an interview with Coindesk, FxPro analyst Alex Kuptsikevich stated that the $73,000 level is a resistance level for Bitcoin.

BTC1,46%
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