Bitcoin’s all-time high was on March 14, 2024, trading at $73,750.07 per bitcoin. The lowest intraday price that the crypto traded in the past year was $26,111.46 on Sep. 27, 2023. The original crypto is up by 147% year over year.

Bitcoin (BTC) price rallied to $65,851 on Sept. 26 as markets responded to global macroeconomic events, placing BTC in a ‘good position,’ according to traders. The strong reversal in Bitcoin’s price direction has many traders wondering what to expect next from BTC going forward.

Recent insights from Julio Moreno, the Head of Research at Cryptquant, shed light on the growing bullish sentiment surrounding Bitcoin.

Bitcoin’s (BTC) price has broken out from a symmetrical triangle. It needs to move above $65,103 to confirm the correction is over. Will BTC confirm