Krutika Adani
Bitcoin closed above the upper Bollinger band for the second consecutive month
It is unlikely to fall below $50k, as per UTXO Management’s senior analyst Dylan Mclair.
The growth is also supported by strong ETF inflow.
Bitcoin’s price has recently crossed $70k, and the next resistance lies at $73.8k.
The Bitcoin halving event would likely impact the price of Bitcoin next week