📉 Is Bitcoin on the verge of a breakthrough?
- Bitcoin is forming a bullish wedge as it approaches its 2021 highs.
- Traders are looking for a target of $85,000, which is 25% higher than the current price of $67,908.
- The next critical level is $69,000, which could eliminate $929.65 million in short positions.
- Expectations are rising ahead of Trump's speech at Bitcoin 2024 in Nashville.
Source: CoinMarketCap, CoinGlass, Rekt Capital