The cryptocurrency market is currently experiencing a state of anticipation, especially for $BTC (Bitcoin).

After a period of volatility, $BTC was able to hold above the important support area at $63,000.

Technical analysis shows the formation of a strong green candle pattern on the daily frame, which may indicate the potential for the price to rally towards levels of $68,000 and then $70,000 in the coming weeks.

If the current buying momentum continues, we may see new highs in the price of Bitcoin, God willing.

I have attached the chart below that illustrates this strong movement.

Do you think that $BTC BTC will reach new all-time highs this year? Share your thoughts in the comments!