🔥Crypto Price Prediction: Bitcoin Takes Down $70,000, Floki and Kaspa Explode

📉 The crypto market has been fluctuating with uncertainty, displaying neutral candles on the daily chart and lacking momentum from both bulls and bears.

🚀 Bitcoin saw an uptick on Monday, likely driven by positive sentiment towards the spot Bitcoin ETF starting trading in Australia. Today, Bitcoin's price is up 2%, sparking a relief rally among major altcoins.

Bitcoin (BTC): Bitcoin remained steady around $69,000, with strong demand between $66,900 and $68,900. The coin is developing a bullish pennant pattern, suggesting a potential breakout to $75,000 and $88,000.

Floki: Inspired by Elon Musk’s Shiba Inu dog, Floki aims to combine meme culture with real utility. With today’s recovery, the FLOKI price jumped 15% to $0.000267. A breakout could push it beyond the all-time high of $0.0003437.

Kaspa (KAS): Kaspa focuses on a high-performance, scalable, and secure blockchain platform. Its price has risen 48% since May, currently challenging its neckline at $0.15. A breakout could target $0.19 and $0.22.

📈 The ongoing consolidation is expected to conclude as Bitcoin nears a decisive breakout. Under the influence of a bullish continuation pattern—pennant, BTC could recuperate its bullish momentum and resume the uptrend.