Recently, Bitcoin's price made a significant upward movement, surpassing the $69,000 resistance level. Despite a subsequent retracement, this movement signifies potential further growth.
An analyst has observed the initial stages of a breakout from a prolonged downtrend. This could mean Bitcoin prices might increase further as the resistance weakens.
This suggests optimism among traders and investors about Bitcoin's future trajectory in the coming weeks.
Source : cryptonews.com ↗