Currently, Bitcoin is exhibiting a bullish divergence as it nears an important resistance level. This movement is pivotal in confirming a double bottom pattern, which experts predict could trigger an upward trend.
On Friday, the Bitcoin market witnessed a notable event with a substantial net inflow into spot Bitcoin ETFs, bolstering the bullish outlook.
Analysts believe that breaking above the significant resistance level of $67,000 could validate the pattern, prompting further upward movement in Bitcoin's price.