Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest

Bitcoin All-Time High Breakout Could Target K, Price Charts Suggest
Bitcoin’s (BTC) price made a fresh all-time high above $66,000 on Wednesday and could continue higher as bullish momentum improves, price-chart indicators suggest.A successful breakout would require a daily close above $65,000, which would yield upside targets toward $74,000 and $86,000.The price of the world’s largest cryptocurrency by market capitalization has fully recovered from a near 50% correction earlier this year, which stabilized around the $30,000 support level. Since then, buyers responded to oversold conditions and continued to accumulate long positions, anticipating the stock’s value will rise over time.The next level of resistance is seen around $74,000, which could briefly…