Bitcoin

<ul><li>Bitcoin’s market value has surged to $59.3K, showing significant recovery with 84.4% of its supply currently profitable, indicating a potential shift toward bullish conditions.</li><li>Captain Faibik notes that Bitcoin remains trapped within a falling wedge pattern, with a decisive move above the $61K resistance necessary for a bullish breakout.</li><li>If Bitcoin successfully exits its current bearish pattern by breaking above the resistance, it could potentially ascend towards a target of $78K.</li></ul>The <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">cryptocurrency</a> market is showing signs of vitality as Bitcoin’s market value rebounds to $59.3K, with 84.4% of its supply now in profit. According to data from Santiment, a behavior analytics firm, this is the lowest profit ratio observed in two months, suggesting potentially more bullish conditions ahead.Read more on <a href="https://cryptotale.org/can-bitcoin-break-the-61k-barrier-for-a-bullish-breakout-to-78k/" rel="noopener noreferrer nofollow">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> |

Can Bitcoin Break the $61K Barrier for a Bullish Breakout to $78K?

CryptoTale

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