Bitcoin on track to hit all-time highs

On the daily chart, BTCUSD formed a head-and-shoulders bottom pattern and then stabilized upward, indicating that the bullish trend has the upper hand in the short term. At present, we can focus on the support in the 65850-69700 area. If this area stabilizes, it is expected to continue to rise. At the top, focus on the previous high near 73700. A breakthrough is expected to go to the 75000-78000 area.
Chart PatternsTrend Analysis

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