BTC was testing resistance, and a breakout could start another bull rally.surprised investors last week as its price rallied by double digits. The trend sparked excitement in the market as expectations of BTC reclaiming $70k increased.Bitcoin to repeat history?revealed that BTC’s price rallied by more than 10% in the last seven days, allowing it to sit above $67k.
While BTC’s price action favored the bulls, Titan of Crypto, a popular crypto analyst, recently posted aAs per the tweet, BTC was targeting the upper line of its realized price. If this translates into reality, then investors might witness BTC run above $100k in the coming weeks. Apart from aSORP, a few other metrics also raised red flags. For instance, AMBCrypto’s analysis of Glassnode’s data revealed that BTC’s accumulation trend score had a value of 0.0107.
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