Bitcoin is currently exhibiting a strong breakout pattern! From a low of $67,300, it has launched a powerful upward move, with multiple consecutive bullish candles accompanied by increased volume, successfully breaking through several moving average resistances. It is now holding steady above the critical support level of $70,494 and is pushing toward the resistance at $71,522. In terms of candlestick patterns, yesterday formed a clear bullish engulfing pattern, establishing higher short-term highs. The overall trend remains within an upward channel, with bullish momentum clearly accelerating and the trend showing strength.

BTC4.36%
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