🚨🚨🚀 Bitcoin Soars: Whale Activity Signals $70K Breakout 🐋🚨🚨

➡️ Bitcoin Rebounds Strongly

- BTC price surged 4.2% in the past 24 hours, now trading above $67K.

- Rebounded from crucial support between $63.5K and $64K.

➡️ Rising Dominance

- Bitcoin dominance hits 56.67%, the highest since mid-April.

- Underperformance of spot Ether ETFs boosts BTC confidence.

- Analyst Benjamin Cowen predicts BTC dominance could reach 60% before altseason.

🐋 Whales on the Move

- A savvy whale withdrew 1,147 BTC ($75.5M) from Binance at an average price of $65,814.

- Long-term holders (3-5 years) are accumulating significantly.

- Jersey City plans to invest pension funds in Bitcoin ETFs.

- Marathon Digital purchased $100M worth of BTC.

🚨 $70K on the Horizon🚨

- BTC signaling a potential bullish breakout; RSI on hourly charts breaks downward trendline.

- Daily chart shows BTC consistently closing above 50 and 200 MAs.

- If BTC remains above $68K, $70K could be reached by month's end.

- Failure to rally beyond $68K may lead to a correction in August.

POV:

Bitcoin's resurgence and whale activity suggest a strong push towards $70K soon!

#BinanceTurns7 #ETHETFsApproved #Write2Earn! #megadrop #BTC☀