Bitcoin could make a quick move to $68k here shortly
There is room to $68k without needing a breakout on Bitcoin
The charts point to easy upside that could happen in short order.
Looking at the descending channel that the price has traded within, we have room up to the upper end of that downtrend.
That would point to a price around $68k.
Check it out:
(Source: https://cointelegraph.com/news/bitcoin-chart-price-pattern-bullish-crypto-traders-68k)
However, a move above that level is up in the air as it is unclear whether or not bitcoin is ready for a full breakout just yet.
"Love your analysis! 📈💡 I'm definitely intrigued by the potential for Bitcoin to reach $68k without a full-blown breakout 😬. What do you think is driving this possibility? Are we seeing some early signs of a bull run? Let's keep the conversation going and share our thoughts on what this could mean for the crypto market! 🤔💬"
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