Bitcoin Soars to ₹74 Lakh, Eyes ₹95 Lakh Rally

Bitcoin has surged by over 23% in the past week, breaking above key moving averages and showcasing the dominance of buyers. The current price is around ₹74 lakh, holding strong despite some intraday losses.

The bulls are firmly in control, with no signs of profit-taking yet. If this momentum continues, experts believe that Bitcoin could reach as high as ₹95 lakh. However, a key level to watch is the ₹70 lakh mark, below which the trend may reverse.

A closer look at the price and volume chart reveals a clear divergence-then-convergence pattern from early July to late August. This indicates that fresh leveraged money and real buying interest are driving the price, rather than low-liquidity noise.