Bitcoin

<ul><li>Bitcoin consolidates in the golden pocket, poised to break the $71,591 resistance, potentially soaring to $87,000.</li><li>Mt. Gox trustee consolidates Bitcoin, affecting wallet distributions across the board.</li><li>Despite large transactions, Bitcoin market remains stable with minor fluctuations in holder counts.</li></ul>According to crypto analyst <a href="https://x.com/ChartingGuy/status/1795593633707831783" rel="noopener noreferrer nofollow">Charting Guy</a>, Bitcoin is currently consolidating in what is termed the &#34;golden pocket,&#34; a key area in Fibonacci retracement that often indicates significant future price movement.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/81fada3aae294eda831a39981a47069b.png" />Despite the ongoing consolidation, Charting Guy anticipates a <a href="https://cryptotale.org/symmetrical-triangle-breakout-signals-matics-potential-bullish-wave/" rel="noopener noreferrer nofollow">decisive breakout</a>. Bitcoin&#39;s next major challenge is to overcome the resistance at $71,591. Successfully breaking through this barrier could set the stage for a rapid ascent toward the $87,000 mark, aligning with the 1.618 Fibonacci extension level.

Bitcoin Poised for Breakthrough, Eyes $87K Target, Says Analyst

CryptoTale

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