This Bullish BTC Indicator Suggests Upside Above $70K: Bitcoin Price Analysis

Bitcoin’s price is yet to break above its recent high and create a new ATH. However, looking at the technical and fundamental signs, it might only be a matter of time.

Yet, it is currently testing the higher boundary of the pattern, trying to push above the $70K level. If a bullish breakout from the triangle occurs, a positive continuation and, subsequently, a new all-time high would be highly probable.Looking at the 4-hour chart, it is evident that the BTC price has been bouncing around the higher trendline of the triangle and the $70K level recently.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin to $80,000: BTC Indicator Signals Next Key TargetBitcoin recently broke past $73,000 to new all-time highs
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin (BTC) Targets $82,000 Amid Bullish Pennant Formation, Says AnalystBitcoin giving bullish signals amid recent price correction
Source: Utoday_en - 🏆 295. / 63 Read more »

Michael Saylor Issues Bullish BTC Call as Bitcoin Price Hits $72,000Bitcoin reached intraday highs of $72,624, its highest since April 1
Source: Utoday_en - 🏆 295. / 63 Read more »

Mike Novogratz Shares Big Bullish Bitcoin (BTC) StatementMike Novogratz teases need for Bitcoin (BTC) with debt death spiral analogy
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin (BTC) Price Collapsing Again After Short-Lived RecoveryBitcoin (BTC) is struggling to regain bullish momentum, with Grayscale recording massive outflows
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin ETFs see $15M comeback as BTC price taps best close in 10 daysBTC price races past $71,000 as Bitcoin ETF inflows set a new bullish tone.
Source: Cointelegraph - 🏆 562. / 51 Read more »