BTC Breaks Higher, Targets New Peaks After $66.3K Surge

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Bitcoin beat out local resistance to pass $66,000 amid predictions of as much as 6% BTC price upside if momentum continued.

Bitcoin (BTC) passed one-month highs on Tuesday as price action defied the odds to top $66,000.

Bitcoin broke through resistance to hit $66,000 for the first time in more than a month.

Traders see as much as 6% BTC price gains if further nearby upside targets are reached.

Month-end derivatives positioning underscores crypto risk confidence slowly returning.

BTC price 6% upside could come “very quickly”

“The area between 65 and 67k is resistance from the Q1 range, but given how we sliced through it on the way down - it might not put much of a fight up here either. Eyes on those 70k range highs if so.”

$BTC has reclaimed the $65,000 level. The next key resistance is $67,500-$68,000, which means Bitcoin has some room to pump,” trader Ted Pillows said.

“If BTC manages to reclaim the $68,000 resistance too, it could rally another 5%-6% very quickly.”

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