The Bitcoin price is in an uptrend, consolidating in a sideways channel between $60k and $72k. Swing traders can potentially trade the channel by entering near $60k and exiting around $72k.
Nearest support zones are $60k and $50k. Bitcoin needs to break its previous all-time high of around $73k. A breakout towards $100k is possible based on bullish sentiment.
Crypto Rover mentioned the Bitcoin Ascending Broadening Wedge pattern about to break out, potentially sending BTC to $100k.
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