Bitcoin has broken out of the $63,000 to $72,800 consolidation range, which analyst Will Meade describes as a "textbook" technical breakout. The price surpassed the key 50-day moving average at $72,847, confirming the upward momentum. Based on the previous range's trading patterns, Meade predicts Bitcoin's target price at $90,000, with the possibility of further upside toward the $94,000 region where the 200-day moving average is located.

BTC3.06%

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