Analysis + Breaking News
🚨 Will #Bitcoin finally break the 70,000$ barrier?!
It seems that Bitcoin is starting to emerge from the volatility phase, with the current price trading at $68,700.
Technical analysis shows a break of a symmetrical triangle pattern → a clear bullish signal.
Supporting indicators:
RSI at 55 → there is still room for upward movement
MACD = positive crossover
High trading volume + clear entry of whales
Encouraging news:
ETF funds record new positive inflows
Markets await statements from the Federal Reserve this week
My personal opinion:
If the price closes daily above 69K, we might see a strong push towards 73K – 75K within days.
A question for you:
Do you expect a new breakout that leads us to historical levels? Or a correction coming first?
#BTC #TechnicalAnalysis #CryptoMarket #BitcoinNews