Bitcoin is on the cusp of repeating its October 2024 breakout, onchain technicals suggest, as a new week begins with a push to near $106,000.
Bitcoin (BTC) launches into US CPI week with new multimonth highs as traders dig in for volatility.
BTC price action is giving increasingly bullish signals, joined by a key cross on the weekly MACD indicator.
The weekly close fell just short of expectations, raising doubts over whether price discovery will return in the immediate future.