Can Bitcoin price overcome the $60K ‘double breakout’ zone?

From Cointelegraph

September 15, 2024 11:45 AM:

Bitcoin is showing signs of optimism with a possible turnaround indicated on charts. The key factor is whether BTC price can maintain strength above the $60,000 mark.

This bullish sentiment comes as the overall cryptocurrency market cap hits $2 trillion, with Bitcoin dominance at 40.6%.

Institutional adoption of Bitcoin continues to grow, with reports of JP Morgan offering an actively managed Bitcoin fund to its private wealth clients.

Amidst the positive news, concerns are raised over potential market manipulation as futures exchanges witness a rise in short positions while long positions drop.

Read more at Cointelegraph: Can Bitcoin price overcome the $60K ‘double breakout’ zone?