Major

bullish

Bitcoin

<ul class="wp-block-list">
 <li>Bitcoin just broke past the $66,000 resistance level, before dipping slightly.</li>  
 <li>Despite the regression, one analyst believes only higher highs are up ahead.&nbsp;</li>  
 <li>The BTC price chart indicates a major upturn for the pioneer crypto asset.</li> 
</ul>  
<p>Bitcoin broke through the $66,000 resistance level, a major milestone for the pioneer crypto asset this bull run. This event was a scenario awaited by many reputed crypto analysts who now believe it is only a matter of time until <a href="https://cryptonewsland.com/these-altcoins-will-surge-alongside-btc/" target="_blank" rel="noopener noreferrer nofollow">BTC price surges </a>and enters the super cycle bull run phase.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-is-bitcoin-heading-into-a-super-bull-run-phase">Is Bitcoin Heading Into a Super Bull Run Phase?</h2>  
<p>So far, the <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">price of BTC</a> has already regressed to fall just below the $66,000 price target. Despite this, most renowned crypto analysts with bullish targets set ahead for Bitcoin (BTC) remain in a positive sentiment. In detail, one analyst in particular, known for his silver-tongued predictions says only higher highs are in store for Bitcoin.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/DrProfitCrypto/status/1845849000898892221
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-bitcoin-btc-rises-by-6-in-a-single-day-nbsp">Bitcoin (BTC) Rises By 6% in a Single Day&nbsp;</h2>  
<p>As we can see from the post above, this analyst believes there are no more significant dips in the coming months for BTC, only new highs ahead. Supporting the same <a href="https://cryptonewsland.com/golden-cross-reappears-on-btc-charts/" target="_blank" rel="noopener noreferrer nofollow">bullish expectation</a> is another positive post for the crypto market. As we can see from the post below, the price of Bitcoin has risen by 6% in just a day.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/cryptoquant_com/status/1845884060561760433
 </div>
</figure>  
<p>This move depicts how buyers are outpacing sellers in the crypto market amounting to $1.1 billion in net purchases. Furthermore, another analyst sees the near completion of a bullish <a href="https://x.com/Washigorira/status/1845858184629817655" target="_blank" rel="noopener noreferrer nofollow">cup and handle breakout</a> on the Bitcoin (BTC) price chart. This only fuels the new target top expectations for Bitcoin.&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/btc-major-cup-and-handle-pattern-completion/" rel="noopener noreferrer nofollow">Bitcoin Prepares for Shoot Into Super Cycle Bull Run as BTC Chart Nears Major Cup and Handle Pattern Completion</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin Prepares for Shoot Into Super Cycle Bull Run as BTC Chart Nears Major Cup and Handle Pattern Completion

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