Bitcoin's price action has been pretty boring in recent days. In fact, for the past three months, BTC/USD has been stuck in a range. However, as I mentioned in my previous analysis, bulls have held very well above the important 67k support level.
At the time of writing, the price is 71k, once more facing the established resistance. A break of this level is expected, and a rise of at least 20% should follow afterward.
I remain bullish as long as the price stays above 67k.
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