Bitcoin: New High Signals Break Above 67K

Bitcoin posted a fresh monthly high above $65,941, confirming upward momentum that traders now watch for acceleration past the $67,000 level last month.

Price action shows no breakout velocity yet because a clean breach of that prior high opens the measured gap toward $73,000; a close above it this month would complete a strong monthly engulfing pattern and lock in the cycle low.

On the 4h chart BTC trades inside the Bollinger band with upper resistance at $67,031 while the EMA50 at $64,823 and EMA200 at $63,673 act as stacked support beneath a MACD golden cross of 507; RSI at 57.69 leaves room for continuation before any healthy pullback tests the 50-EMA confluence.