According to analyst Yonsei_dent, Bitcoin prices may be on the rise following a busy week, likely due to an boost in active addresses on the network. Yonsei_dent noted that a “golden cross” might occur if the 30-day moving average crosses the 365-day moving average, indicating a bullish market that could potentially see prices rise to $73,737.
Although prices have experienced a 7% decline since reaching their record high, Yonsei_dent noted that prices have also been increasing at a progressive rate since July.
