Bitcoin's market stability and rejection of resistance levels at $67,500 to $68,000 suggest a potential pullback.
An analyst believes that Bitcoin could experience an upward breakout within hours or days, leading to an all-time high.
The reduction of sell walls on exchanges indicates seller exhaustion, potentially facilitating a market rebound.
Increased institutional activity, including record open interest on the CME and substantial ETF inflows, suggests a shift away from retail trading dominance.