Bitcoin Eyes Rally Above $67K as Price Rebounds
Bitcoin's price has rebounded above $64,000 after bouncing back from its recent lows. Analyst Aksel Kibar is predicting a possible rally above $67,000 soon.
Kibar identified a potential inverse head-and-shoulders pattern that suggests a bullish reversal. He noted that resistance levels are around $67,200.
The price of Bitcoin's market cap has neared $1.28 trillion despite a U.S. Senate impasse on the CLARITY Act. If the bill passes, it could further boost Bitcoin's momentum.