Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD drawing little attention as it tracked sideways around $61,000.
After multiple days of such moves, the focus from analysts remained firmly on altcoins as multiple tokens continued to rally to fresh record highs.
For Cointelegraph contributor Michaël van de Poppe, however, it would take surprisingly little for BTC price action itself to flip bullish.
In his latest YouTube update on the day, Van de Poppe argued that $64,000 would provide a springboard for bulls should BTC/USD break through it convincingly. The level has held as resistance throughout the week,
Read more on cointelegraph.com