Will Bitcoin (BTC) Surpass $73k This Week?

Last week was positive for crypto, with Bitcoin (BTC) rising 7% to around $67,300. Traders are now wondering if BTC will break the $73k level to reach new all-time highs.

Bitcoin is currently trading 8% below the $73k mark, and a slightly better week could achieve this.

Since March, BTC has been in a sideways channel between $53k and $73k, with these levels acting as strong support and resistance.

While the RSI is at a bullish 58, indicating positive momentum, the MACD line below the signal line suggests potential bearishness.

Positive news, such as the SEC’s meeting on Thursday regarding Ripple, could boost BTC.

However, without such catalysts, significant price increases seem less likely this week.

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