Bitcoin is approaching the $66K barrier in the crypto market, signaling a potential breakout opportunity and a new all-time high. The ongoing bull cycle has contributed to a 21.41% increase in BTC price over the past three weeks. Fibonacci retracement levels suggest that Bitcoin's uptrend is heading towards the $69,032 mark. Technical indicators such as the 50 and 100-day EMA and the MACD and signal lines support the bullish trend. Open interest and trading volume are also increasing, with a significant inflow into the U.S. Spot Bitcoin ETF market. Overall, the market is showing strong signs of recovery and bullish sentiment.



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