Bitcoin has surged back to $70,000, approaching its all-time high of $73,600, with a strong possibility of breaking through soon. This follows the breakout from a long-term sideways trend that began in March 2024, forming a well-defined bullish continuation flag. The price is expected to extend to $105,000, representing a 61.8% Fibonacci extension of the range between $39,147 and the current all-time high of $52,579.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.