**Bitcoin Heading for a New All-Time High?**

Bitcoin price has just broken through the key $64K level and the 200-day moving average. With the RSI showing bullish momentum, Bitcoin is likely to continue rising towards the $68K resistance zone in the near term.

- **Daily Chart**: Price has successfully broken through the $64K level and the 200-day moving average. The RSI is showing bullish momentum, with the next target being $68K.

- **4-Hour Chart**: The bullish trend is clearly visible with price creating higher highs and higher lows since rebounding from the $52K support level. If this trend holds, $68K is just a matter of time. If the trend is down, a pullback to $60K is likely.

- **On-Chain Analysis**: Short-term holders who panicked during the recent price consolidation are starting to realize profits again. However, if the selling pressure is not matched by demand, the price could fall again.

What do you think? Will Bitcoin reach $70K? 💸 Comment below!