In the past two days, the cryptocurrency market has seen renewed recovery momentum as Bitcoin's price soared to $65,000, the first time since August. This bullish trend positively influenced many major altcoins, including BONK, a Dog-themed meme coin.
Currently, BONK's price is on the verge of breaking out from the neckline resistance of $0.000023. This breakout signals the potential for a significant upswing, potentially leading to a 30% surge.
The article originally appeared on CoinGape, further analyzing the price movements of BONK and its alignment with Bitcoin's rise.
