TL;DR
Analysts anticipate a strong BTC rally, driven by bullish market signals and potential accumulation by large entities.
On the other hand, high profitability among holders may suggest a short-term price correction.
BTC Explosive Rally Incoming?
The leading digital asset traded sideways over the past weekend, ranging from $66,500 to $67,500. However, the start of the new week offered a new resurgence, with BTC soaring well above $68,500.
BTC Price, Source: CoinGeckoMultiple analysts spotted the price increase, envisioning a much more exponential pump in the near future. The popular X user Mikybull Crypto claimed that BTC experienced a “golden cross” several hours ago. The trader noted that such a development was witnessed exactly one year ago and was followed by a