#Marketupdate
#Bitcoin❗ made a significant move yesterday, breaking through the critical resistance level at $66.4K, which corresponds to both Monday's high and the previous month's high. Following this breakout, we've already seen a retest of this level with a positive reaction, indicating bullish momentum. There's potential for Bitcoin to push towards the all-time high of $69K from 2021.
The weekly chart presents a favorable outlook, suggesting a possible breakout from a seven-month downtrend. Should there be any corrections today, the mid-$65K area will be an important support level to monitor.
Overall, the current technical indicators and price action are encouraging for Bitcoin's upward trajectory.