Bitcoin

<ul><li>Bitcoin faces resistance near $71,000-$72,000, key for potential bullish breakout.</li><li>Strong support persists around $59,000-$60,000, critical for sustaining upward momentum.</li><li>RSI stabilization below 50 hints at market sentiment shift, potentially favoring bullish scenarios.</li></ul><a href="https://cryptotale.org/bitcoin-dominance-dips-as-solana-ethereum-and-dogecoin-rally/" rel="noopener noreferrer nofollow">Bitcoin</a> has recently navigated through a pivotal phase post-halving, marking what <a href="https://x.com/MikybullCrypto/status/1806906550675513543" rel="noopener noreferrer nofollow">Mikybull Crypto</a>, an analyst, believes to be a local bottom amidst a broader cycle. Analysts anticipate continued consolidation, with attention turning to potential opportunities in alternative cryptocurrencies which could outpace Bitcoin in returns.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeL6ODjOIUh4H3GeD8dc9INrOi-S-lUgXlDobKA28qfJkLqz_V2pef35W134EM31SPeW0wX1l6CjEwhNf3pyFb1fsHsWGwqMxFsZQTeMOTIgTyEvDPKnjMZWt7isFfAvrYdbQr9pBmUni0P61-_8Dngjc9n?key&#61;X8oB83sOhuq8-wNJv8BJqg" />As highlighted by <a href="https://x.com/CryptoMichNL/status/1806673151016763467" rel="noopener noreferrer nofollow">Michaël van de Poppe</a>, CIO &amp; Founder of MN Trading Consultancy, following a retest at $61,000, the cryptocurrency appears poised for significant movement, potentially leading towards a new cycle peak. Analyzing the 12-hour candlestick chart for Bitcoin against Tether (USDT) on KuCoin, key support and resistance levels emerge clearly.<a href="https://cryptotale.org/bullish-reversal-ahead-bitcoin-eyes-64000-after-recent-support-bounce/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bullish Reversal Ahead: Bitcoin Eyes $64,000 After Recent Support Bounce

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