"We are formally seeing the beginning of the Fibonacci pattern, the target of which looks to be the $63.7K area," Alex Kuptsikevich, senior market analyst at FxPro.
It's not only technical chartists vying for the $65,000 level: Options traders have scooped up bullish bets on bitcoin crossing its lifetime peak of $69,000 in the coming months, with some options bets targeting as high as $75,000.
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