Hi Binancians friends

As of 6 June 2024 , the Bitcoin price is trading at $70,650 , with a market cap of $1,389,332,413,647 . The technical chart on the weekly time frame shows the BTC price is developing a bullish reversal pattern called the rounding bottom.

This chart setup is commonly interpreted as the bottoming of a downtrend as investors showcase a renewed buying interest. Under the influence of this pattern, the buyers should challenge the All-time high resistance of $73,687 and give better confirmation of the bull run market