BTCUSD Long term Analysis

The target price for the long position is set at $70,590, encapsulating the potential upside trajectory of BTCUSD. This target is derived from a comprehensive assessment of historical price movements, Fibonacci extensions, and key psychological levels. Furthermore, the confluence of technical indicators and macroeconomic factors suggests that BTCUSD has the propensity to surpass this threshold, paving the way for sustained upward momentum.