đ Bitcoin's Next Big Move: Are We Headed for $70K? đš
Yesterday, Bitcoin showed impressive volatility, fluctuating between $65K and $68K, but it struggled to fully consolidate above the crucial $67K mark, right at the upper boundary of its descending channel.
đ„ Whatâs Happening Now?
The buyers are aggressively pushing, and if the current momentum holds through the end of the week, BTC could make a run for $70K! đ
⥠Bitcoin Dominance is also on the rise, nearing 60%âcurrently at 58.7%âindicating that the king of crypto is reclaiming market control. There are no clear signs of a reversal just yet, signaling that the bulls are still in play. đ
đ The Key Level to Watch:
The most important factor isnât just short-term price action, but whether Bitcoin can break through and consolidate above the upper boundary of the channel. If BTC manages this, it could trigger a new trend where we see steady growth without significant dips. đ
Stay tuned as Bitcoin gears up for what could be its next major breakout! đ„
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