Bitcoin has broken out across nearly every timeframe at once, a bullish signal that points to a run back toward its old highs.

• Momentum turned up on the daily, weekly and multi-week charts at the same time — a rare alignment that has averaged a 25% gain over three months, with a 72% win rate.
• Bitcoin cleared the key breakout level and is trading close to $70,000, with the low from late July looking like the bottom.
• Quiet bond buying by the government is adding fuel, effectively loosening money conditions again.
• The main caveat: the monthly close still has to hold above the pivot to fully confirm the reversal.
• Traders are pricing in no Fed rate cuts this year and see little recession risk for next year.

Outlook: A short pullback is likely at current resistance, but dips are expected to be buying opportunities with $72,000–$78,000 in play over the next few weeks.

## Bitcoin Levels

• **Bias:** Bullish — lows are in, sideways-to-up expected, pullbacks are opportunities.
• **Buy / accumulate:** Daily buy placed at $68,200; dips treated as accumulation while above the breakout pivot.
• **Sell / take profit:** $68,600 flagged as a short-term scalp sell; $72,850–$78,500 the main profit-taking pocket.
• **Support:** $64,500 (daily), $65,500 (2-day), $65,600–$65,700 monthly/weekly pivot, $66,850 (3-day).
• **Resistance:** 200-day moving average at current price; $67,000 breakout pivot; $69,450 (3-week pivot); $70,000.
• **Targets:** $70,000 in the next half-week to two weeks; $72,850–$78,500 in 3–6 weeks; $100,000 on the higher average-return scenario.
• **Invalidation:** A close back below $65,000–$65,600 breaks the setup; $67,000 must hold Friday's close to validate the weekly divergence.