Trader Josh Olszewicz believes a small nudge is all that separates Bitcoin from full breakout territory. Two bullish technical setups, an inverse head and shoulders and a falling wedge, target the zone between $72,669 and $76,698. Bitcoin is currently showing stronger relative momentum than gold, and the key resistance at $65,000 shows weakening bearish pressure. Galaxy Digital CEO Mike Novogratz expects consolidation between $60,000 and $80,000 for the remainder of the year, with a potential move toward $100,000 if a perfect storm of regulatory clarity, macroeconomic tailwinds, and renewed demand materializes. Strategy, holding 843,775 BTC alongside a $3.2 billion reserve, remained neutral this week without buying or selling, instead increasing its fiat capital by $225 million.
Source: Read the original article
