- BTC/USD bulls push on the next resistance created by $7,500.
- Important support at $7,000 is reinforced by 23.6% Fibo retracement weekly.
Bitcoin (BTC) extended the recovery and hit $7,468 on Tuesday. At the time of writing, the first digital asset is changing hands at $7,350, while crypto bulls set their eyes at $7,500, which is the next critical resistance reinforced by daily SMA50. Bitcoin's market value reached $135 million, which is 64.2% of the total market capitalization.