{"id":18184,"date":"2024-10-29T19:38:03","date_gmt":"2024-10-29T17:38:03","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-nears-73000-milestone\/"},"modified":"2024-10-29T19:38:03","modified_gmt":"2024-10-29T17:38:03","slug":"bitcoin-nears-73000-milestone","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-nears-73000-milestone\/","title":{"rendered":"Bitcoin Nears $73,000 Milestone"},"content":{"rendered":"

The leading cryptocurrency has continued its rapid ascent, effortlessly surpassing the $72,000 mark. Over the past 24 hours, the asset has risen by 5.7%, according to CoinGecko<\/a>.<\/p>\n

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At the time of writing, Bitcoin is trading at $72,556.<\/p>\n

\"btcusdt_1h-1\"
Hourly chart of BTC\/USDT on Binance. Data: TradingView<\/a>. <\/figcaption><\/figure>\n

The digital gold is just 1.5% shy of its all-time high of $73,737 reached on March 14.<\/p>\n

\"CoinGecko-34\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

As is customary, the flagship’s rise has positively impacted other crypto assets. Here is the current top ten most capitalized coins:<\/p>\n

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Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

Renowned trader Peter Brandt believes that for a “true breakout,” Bitcoin should consolidate above the $76,000 level.<\/p>\n

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B I T C O I N $BTC<\/a>
When is a breakout really a breakout?
Bitcoin bulls should be excited \u2014 but there are rules to determine breakouts
Diagonal patterns with slanted boundary lines are difficult to trade because the nicking of a boundary line \u2014 while exciting to bulls \u2014 does NOT\u2026 pic.twitter.com\/86cQtCzdav<\/a><\/p>\n

\u2014 Peter Brandt (@PeterLBrandt) October 29, 2024<\/a><\/p><\/blockquote>\n