Bitcoin's price is currently at $64,312.96, and it appears to be on the verge of breaking out after several altcoins experienced significant increases in value.
According to CryptoMichNL, there have been no unusual weekend movements among select altcoins, which has led to a surge in their prices.
This uptrend could potentially trigger an upward move for Bitcoin, and analysts are pointing to the $STRC bounce as a possible catalyst for this change.
The EMA50 support level is currently at $64,137.28, while the EMA200 resistance level stands at $68,438.22. The MACD golden cross is also in favor of an upward trend, with a value of -2.17.