BTCUSD has recently found support at the golden ratio level on the Fibonacci retracement, indicating a potential start of an uptrend. This crucial support level often signifies a reversal or continuation in price movements. Given the current bullish sentiment and technical indicators aligning, the target for this uptrend is set at $70,000. Traders and investors are closely monitoring for confirmation signals, such as higher highs and higher lows, to validate this potential upward movement. If sustained, this rally could lead BTCUSD to reach new heights, achieving the $70,000 target.
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