**Bitcoin Eyes New Highs Amid Bullish Momentum**
Bitcoin is on the rise, trading 16% above its recent low of $52,546 from Sept. 6. Analysts are buzzing with optimism, suggesting that this could be the start of a journey to new all-time highs.
- Independent analyst Jelle noted that Bitcoin's recent high of $60,670 on Sept. 13 surpassed the earlier Sept. 3 high of $59,830, indicating a bullish trend.
- Popular analyst Altstein Trader echoed this sentiment, stating that breaking the $65,000 mark could pave the way for new records.
Meanwhile, Daan Crypto Trades highlighted Bitcoin's position near the middle of a descending channel at $57,902, suggesting a potential 15% rise to over $66,000.
Data from Cointelegraph Markets Pro and TradingView showed Bitcoin hitting an intraday high of $61,331 on Sept. 18 before settling around $60,540. However, resistance at $60,000 remains a key hurdle, with significant ask orders reinforcing this level.
CryptoQuant data also revealed a rise in the futures sentiment index, historically linked to price surges, hinting at potential growth.
Stay tuned as Bitcoin navigates these critical levels!