Bitcoin's price reached $73,600, surpassing the $70,000 resistance level. Despite this rise, analyst Caleb Franzen views it as preparation for a larger breakout.
Franzen, the founder of Cubic Analytics, shared his positive outlook on Bitcoin's current trajectory during the Thinking Crypto podcast. He foresaw a lucrative bull run on the horizon.
The analyst suggests this rally is a promising indicator for Bitcoin, which could potentially target a significant milestone of $175,000 during this cycle.
