Bitcoin’s Momentum Builds: Market Conditions Ripe For A Breakout

Bitcoin’s Momentum Builds: Market Conditions Ripe For A Breakout

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Source: TheMerkle.com

Bitcoin’s daily transaction volumes have surged past $70.9 billion, signaling heightened market activity.

The In/Out of the Money Around Price (IOMAP) indicator suggests that there is minimal resistance up to the $73,000 level, hinting at the potential for Bitcoin to rise further.

Daily transaction volumes in $BTC have reached over $70.9 billion, pointing to increased activity.

Notably, the In/Out of the Money Around Price indicator reveals that there is limited resistance

Read More https://themerkle.com/bitcoins-momentum-builds-market-conditions-ripe-for-a-breakout/

The post "Bitcoin’s Momentum Builds: Market Conditions Ripe For A Breakout" appeared first here TheMerkle.com.

Source: TheMerkle.com

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