Bitcoin (BTC) shows the potential of stretching its ongoing price recovery to $25,000 by March, based on a mix of bullish technical and macro indicators.
Bitcoin price exits descending channel range
First, Bitcoin’s potential to hit $25,000 comes from its exit from a prevailing descending channel range.
A bull run or bull trap?
— Cointelegraph (@Cointelegraph) January 16, 2023
Notably, the BTC price broke out of the range late last week while accompanying a rise in its trading volumes. The…
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