Bitcoin Price Analysis: Triangle Breakout Signals Potential Bullish Trend Ahead
Support Level Remains Strong
The support level of over 65,000 remains intact.
Bitcoin Breaks $71,000 Barrier
Yesterday witnessed a significant breakthrough with Bitcoin surpassing the $71,000 mark.
Potential for New All-Time High
As long as the price of BTC maintains its position above $70,000, there's a strong indication of a potential new all-time high in the near future.
MACD Indicator Analysis
It's worth noting that the MACD indicator is showing signs of convergence, with a near crossover.
