$BTC From a technical point of view, the price of Bitcoin has formed a "head and shoulders" (H&S) pattern on the daily chart, as noted by experienced trader Peter Brandt.

In his latest analysis of Bitcoin on X, Peter explained that while the main trend of BTC remains upward, the price movement is forming an H&S top on the daily chart.

"This trend could lead to a price movement up to 73,000."