Bitcoin (BTC) aims for $71,000, but is reliant on breaking key resistance levels, with strong accumulation trends indicating upward momentum.
has gained 7.87%, showing steady growth. On a weekly basis, it has risen by 8.97%, while daily gains stand at 0.18%. These numbers indicate a gradual yet consistent uptrend, reinforcing the current bullish outlook.
For this rally to materialize, BTC must break through the resistance level at $68,420. This level becoming a new support is important for sustaining further upward movement.Conversely, if this breakthrough does not occur, BTC may continue to exhibit bullish tendencies but remain in an accumulation phase until stronger buying momentum emerges.Market interest in Bitcoin has surged, as evidenced by the Accumulation/Distribution indicator and the Relative Strength Index .
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