$BTC #BTC Trades at $66,000, Repeating Historical Bullish Pattern
Bitcoin experienced a strong rally in early May. The SSR oscillator bands saw a dip shortly after, but will we witness a prolonged recovery in the aftermath?
Bitcoin (#BTC☀️ ) is currently trading at $66,000, marking an impressive 8% increase over the past week. Concerns about a potential sell-off during the halving period are diminishing.
Bitcoin ETFs have also seen significant inflows this week, indicating a clear rise in demand. This surge to new highs has alleviated selling pressure in recent weeks, but can the bulls sustain this momentum?