🔥 Analysis + Breaking News
🚨 Bitcoin is testing the $70,000 resistance… Is a price explosion near?
#Bitcoin maintains its upward momentum after bouncing back from the 66K level, currently trading near $68,500.
A symmetrical triangle break on the 4-hour frame suggests a possible test of the next resistance soon.
Technical Indicators:
RSI at 53 → still has room to rise.
MACD gives a positive crossover.
Whales are returning to accumulate according to on-chain data.
Supporting Factors:
Continuous positive flows into ETF funds.
Increasing market confidence as the US interest rate cut approaches.
My Personal Opinion:
If the daily candle closes above $69,000… the market could surge towards 73K and then 75K quickly!
What do you think? Will we see a new ATH soon?
Share your prediction in the comments!