Quote from: pawanjain on Today at 03:55:02 PM

Quote from: Cryptocrit on Today at 03:51:34 AM

snip

If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.

Bitcoin is having a good support currently and is in a consolidation zone.
Only if it breaks through $70k strongly then we can hope for a new ATH.
We cannot accurately predict that because it may or may not break the $70k level.
It might fall from here if the resistance is strong which I think it is.
Be ready with your fiat to buy more BTC though.

In fact, $70k has been very strong resistance from April 12 until now. I saw several rejections to hit $68k including on April 22nd, May 12th and also today on the daily time frame. Bitcoin's highest price since the big drop on April 12 was $67,700, it was hit today before eventually correcting to $65,857. The price of bitcoin is trading at $66,136 at the time of my writing on the Binance exchange, but it may still recover before today's market close.

It would take higher demand to expect a new ATH to be hit in May or the following month, but we still have hope to expect a price recovery before this month is out. If $70k is hit in the near future, then a new ATH is very likely to be expected.