Bitcoin Price Forecast: BTC makes real break beyond $60,000 amidst calls for liftoff to $70,000

• Bitcoin uptrend bolstered above $60,000 as bulls eye new record highs beyond $62,000.
• Trading above the ascending channel’s middle boundary could catapult BTC toward $70,000.
• The MACD on the four-hour chart shows that sideways trading could dominate the upcoming sessions.

Bitcoin has sustained price action above $60,000 since Monday. Over the last couple of weeks, selected altcoins such as Binance Coin (BNB), Stellar (XLM) and Ripple (XRP) rallied, but BTC remained lethargic. The mundane trading appears to be flipping bullish, with the most prominent cryptocurrency exchanging hands at $60,500.