Bitcoin notched a solid 3.19% 24-hour gain to trade at $70,429.00, clearing the key $70,000 psychological level that acted as near-term resistance in prior sessions. Intraday price action has been contained between a session low of $69,020 and a current high of $71,838, with shallow pullbacks showing that buying demand remains stronger than selling pressure through the daily window. Market analysts hold a strongly bullish near-term outlook for Bitcoin, with 80% confidence that upward momentum will continue in coming trading sessions. Traders are watching the top of the current range at $71,838 as the next critical level to break to confirm and extend the ongoing short-term uptrend.
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