Bitcoin price prediction

[bonk]

BTC continued its upward march and reached the $74,508 resistance, where the bears are expected to mount a strong defense.

BTC/USDT daily chart. Source: Cointelegraph/TradingView
The 20-day EMA ($70,028) has started to turn up, and the RSI is in the positive territory, indicating that the buyers are attempting to take charge. A close above the $74,508 level will complete a bullish ascending triangle pattern, opening the gates for a rally to $84,000. Such a move suggests that the downtrend may be over.

Sellers will have to pull the BTC price below the moving averages to weaken the bulls. The BTC/USDT pair may then slump to the support line. A close below the support line tilts the advantage back in favor of the bears.

[madmax]

That $84K target will bring in a ton of FOMO if it hits