<ul><li>Bitcoin’s recent price action has triggered analysts and traders to closely watch a key resistance level that could signal the start of a new bull market.</li><li>Crypto analyst Crypto Rover believes that if Bitcoin can break above a previous high just shy of $70,000, the bull market will begin.</li><li>Other analysts highlight additional bullish indicators, such as Bitcoin MACD about to make a bullish cross-over on the 5-day chart and Bitcoin reclaiming its 200-day Moving Average.</li><li>These analyses converge on the notion that Bitcoin is approaching a critical juncture, which could potentially lead to a rally.</li></ul>

Analyst Says Bull Market Could Begin If Bitcoin Breaks Above This Level

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