Bitcoin is currently trading at the upper end of its range, around $65,585, with a 1.96% increase over the past 30 days. Quantum Economics founder Mati Greenspan suggests that until a breakout occurs, chart analysis is futile. A 6.7% jump would take Bitcoin to $70,000, a milestone many analysts believe is imminent. A bullish continuation pattern is forming, and a breakout could send Bitcoin to a new all-time high. Meanwhile, an inverse head-and-shoulders pattern indicates that Bitcoin's price downtrend is easing and buyers are gaining dominance.