Today’s 24-hour crypto trading session sees the world’s largest cryptocurrency by market cap post a solid 2.58% daily gain, lifting its spot price to $71,238 at the time of this daily market update. Trading through the session was contained within a clear daily range of $69,813 at the session low to $72,663 at the session high, with dip buyers stepping in consistently at the lower bound to sustain upward momentum through the day. Market analysts have issued a bullish near-term forecast for Bitcoin with 80% confidence, as improving broader macro risk sentiment supports ongoing institutional buying pressure. Traders are watching for a breakout above the $72,663 resistance to confirm further upside, while $69,813 acts as immediate key support for the current bullish trend.
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