Bitcoin price records a new $73.6K peak when supply is reduced by ETFs

As the price of bitcoin quickly rises beyond $69,000, bulls in the market have little patience for protracted declines.
Bitcoin

tickers reduced to $73,149

hit price discovery once more prior to the Wall Street opening on March 13 as bulls outperformed sell-side liquidity.

BTC/USD one-hour graph. TradeView is the source.
Bitcoin price soars back to $69,000 following a snap wick.
On Bitstamp, data from TradingView and Cointelegraph Markets Pro reached new all-time highs of $73,679 dollars.

The day before, the strength of the BTC price had taken a break, settling at $72,000 and even seeing a brief $4,000 decline before sharply rising.

By doing this, the market created a scenario similar to what happened at the beginning of the week, when resistance limited upward movement, at least temporarily.

According to data from the monitoring resource CoinGlass, that job was fulfilled on that particular day by $73,800.

There was not much tension beyond that.