Amid a positive sentiment triggered by former United States President Donald Trump expressing unwavering support for Bitcoin (BTC) at one of the largest cryptocurrency events in existence, the maiden crypto asset is eyeing to reclaim the $70,000 level, but it might not end there.
As it happens, Bitcoin could hit a new all-time high (ATH) in the next few weeks, as observed by experts over at the crypto market analytics platform Bitcoinsensus, who identified a Wyckoff re-accumulation chart pattern looking “very promising,” according to an X post on July 29.
In the experts’ words, “an all-time high seems inevitable in coming weeks” or, more specifically, by mid-September, but they also warned of a “potential for a pullback before reaching that peak,” demonstrating on a chart the possible future performance for the flagship decentralized finance (DeFi) asset.
Bitcoin price performance analysis and prediction. Source: Bitcoinsensus
Indeed, the Wyckoff pattern draw
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