๐ **BTC Rally on the Horizon? Analysts Weigh In!** ๐
Bitcoin enthusiasts, buckle up! Analysts are buzzing with excitement over a potential BTC rally, driven by bullish market signals and accumulation by large entities. Over the weekend, BTC traded between $66,500 and $67,500, but it has since surged past $68,500! ๐
Popular X user Mikybull Crypto highlighted a "golden cross" pattern, a bullish signal seen last year before a massive rally. Meanwhile, X user Ted noted optimism with ETFs accumulating and big tech discussing BTC, suggesting large entities might be keeping prices low to increase their exposure.
Interestingly, 98% of BTC investors are currently in profit, but this high profitability could signal a short-term price correction. Stay tuned, BTC fans! ๐