CandleFocus BTC Bulls Charge Towards $70K; Is a New ATH Imminent?
2024-10-28
Author: Content Editor
Bitcoin bulls have regained control of the market, pushing the price back above $68,000 after a brief dip. The cryptocurrency's market cap has also surged to $1.35 trillion, reaffirming its position as the leading digital asset. While trading volume has dropped, technical indicators suggest further upward potential for BTC in the short term. Traders should monitor trading volume and resistance zones around $68,500 to $69,000 for confirmation of a new all-time high. Conversely, a dip below $67,000 could signal a temporary pullback before resuming the upward trend.
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