$BTC BTC/USD: Bullish Momentum Signals Potential Breakout!

Bitcoin (BTC) against the US Dollar (USD) is showing strong bullish signals, making it a hot topic for traders in 2025. As of May 7, BTC/USD is trading around $68,500, with recent price action suggesting a breakout above the critical $70,000 resistance level could be imminent. The pair has been consolidating within an ascending triangle pattern on the daily chart, a classically bullish setup. A decisive close above $70K could ignite a rally toward $75,000 or higher, fueled by growing institutional adoption and macroeconomic tailwinds.