$BTC

Technical Analysis:

On the technical side, Bitcoin is approaching a critical resistance level around $57,000. A breakout above this level could signal a continuation of the bullish trend, potentially targeting the $62,000 - $63,000 range in the short term. The Relative Strength Index (RSI) is hovering near 65, indicating that while Bitcoin is not yet overbought, traders should watch for potential consolidation if momentum slows.