CandleFocus

Bitcoin’s Price Breaks Past $69,000 – is a New ATH Imminent?

Bitcoin and the cryptocurrency market are experiencing a bullish trend, with Bitcoin surpassing the $69,000 price mark and achieving a 10.15% surge in the past 7 days. The market cap of Bitcoin reached $1.365 trillion, and the 24-hour trading volume is approximately $18.5 billion. Technical analysis indicates a bullish sentiment with "buy" signals and strong moving averages. Bitcoin positions worth $15.08 were liquidated in the past 24 hours. The overall cryptocurrency market cap increased by 1.62% to $2.38 trillion. If the current momentum continues, Bitcoin could achieve a new all-time high soon.

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