Buckle up, crypto enthusiasts! According to analyst DonAlt, $BTC appears poised for a significant upward climb in the coming week.

His analysis suggests smooth sailing for bulls, barring any unforeseen major market event over the weekend. DonAlt cites the historically low weekend trading volume as evidence that a sharp price drop is unlikely.

Strong Fundamentals and Crumbling Resistance:

DonAlt's bullish outlook is bolstered by the weakening of a key resistance level: $70,000. Examining the Bitcoin chart, he argues that repeated tests of this level have likely depleted sellers' ammunition, paving the way for a potential price breakout.

Technical Analysis Insights:

In a detailed video update, DonAlt dives into technical analysis, explaining how each test of the $70,000 resistance weakens its ability to hold back further price increases. He emphasizes that repeated tests suggest this level is no longer a significant obstacle. Consequently, betting against Bitcoin surpassing $70,000 could be a risky move.

Are you ready for a potential Bitcoin surge? Share your thoughts and analysis in the comments below!

#Bitcoin #Cryptocurrency #TechnicalAnalysis #MarketMomentum #DonAlt