#BTCPrediction Over the past quarter, $BTC has formed a rising channel on the daily chart, bouncing off support near $55,000 and testing resistance around $68,000. Key on-chain metrics—such as increasing wallet inflows and declining miner sell-pressure—suggest that accumulation is underway among long-term holders. Coupled with a bullish MACD crossover and strengthening RSI, these indicators point toward a potential breakout past the $70,000 zone in the coming weeks.
Meanwhile, macro catalysts like ETF approvals, institutional adoption, and easing Fed policies could amplify upward momentum. Risk-management remains crucial: traders should watch for a confirmed close above the $68,000 resistance to validate continuation, or a pullback to the $60,000–$62,000 range to reassess long positions.
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