Is the historic high of Bitcoin approaching? An analyst points out indicators that preceded each major rally of $BTC .
Bitcoin continues to extend its recent recovery, with an increase of over 15% in the last two weeks, reaching a market price of $97,559 at the time of writing this article. This renewed momentum brings the asset closer to the psychological level of $100,000, marking a possible turning point for investor confidence in the cryptocurrency market as a whole.
While short-term price action often generates contradictory reactions, some market analysts believe that key long-term indicators might be aligning for a broader move in the future. One of those voices is Bitcoin expert Robert Breedlove, who shared a series of observations on X about indicators that could point to a sustained bullish trend.
