Bitcoin (BTC) trades close to $66,000 on Monday. The largest asset by market capitalization has noted a steady increase in its demand among traders since April 2024.
BTC is 12% away from its all-time high. The asset needs to close above a key resistance at $66,849 to confirm a bullish breakout from the descending channel pattern on the weekly time frame. Once the asset breaks out, BTC could attempt a return to the all-time high at $73,777.
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Bitcoin (BTC) trades close to $66,000 on Monday. The largest asset by market capitalization has noted a steady increase in its demand among traders since April 2024.
BTC is 12% away from its all-time high. The asset needs to close above a key resistance at $66,849 to confirm a bullish breakout from the descending channel pattern on the weekly time frame. Once the asset breaks out, BTC could attempt a return to the all-time high at $73,777.