Technical analysis:
Looks like Bitcoin just broke out of that rectangle pattern on the 1-hour chart, which is pretty bullish. We're seeing a target around 
67K if this momentum continues. RSI is pushing into the overbought zone at 76, but the breakout suggests there might still be room to run before any significant pullback. MACD is also showing strong bullish momentum with a fresh crossover. Keep an eye on that 66K-67K area for potential profit-taking.
#TechnicalAnalysis
67K if this momentum continues. RSI is pushing into the overbought zone at 76, but the breakout suggests there might still be room to run before any significant pullback. MACD is also showing strong bullish momentum with a fresh crossover. Keep an eye on that 66K-67K area for potential profit-taking.#TechnicalAnalysis
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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.