Crypto Blog
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.
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