Bitcoin (BTC) has experienced a 2.13% increase in price in the last 24 hours, hovering around $71,380. Short-term traders should monitor the $70,912 level closely; a daily close above it could pave the way for a test of the $72,000 zone tomorrow. Looking at the broader picture, bullish momentum seems dominant, with a potential breakout signaling a move towards a new all-time high. On the weekly chart, buyers appear to be taking control, particularly if the closing price exceeds $73,000 without significant wicks. In such a scenario, a swift climb towards $75,000 could be imminent.
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