On May 22, Bitcoin aimed to break the $69,000 level into support. However, the pullback from local tops has created concern among analysts. Cointelegraph Markets Pro and TradingView data showed Bitcoin price action weakening, with previous all-time highs in 2021 being tested twice. Bitcoin remained above $69,000 at the time of writing, a critical threshold for many. However, some analysts shared similar concerns about the increasing risk of a rejection that could thwart efforts to overcome resistance. Additionally, the week's decision on spot Ether exchange-traded funds (ETFs) in the US was also critical for Bitcoin targets. A positive ETF decision could push Bitcoin into price discovery and potentially reach $80,000. On May 21, #ETH #BTC reached its highest levels since mid-March.