The buy-side volume of bitcoin is increasing as the bulls maintain their upward march towards $70,000.

The price of bitcoin has risen above $65,087 at the start of this week.
The rise in BTC price has been matched by a rise in the RSI, indicating greater purchasing.
BTC bulls will try again to crack the $70,000 barrier.
On the basis of bullish optimism, the price of Bitcoin (BTC) has gapped higher early Monday morning. BTC price started above $65,087, with bulls providing support and defending the level. The buy-side volume on the Relative Strength Index (RSI) has increased, indicating that bulls are preparing to go for $70,000.

Today’s Bitcoin price might sustain a 5% gain as bulls aim for a retest of $70,000.

On Friday, bulls defended the intermediate black trend line at $62,576 in bitcoin price. At the same time, the RSI began to flatten, and buy-volume increased as bulls entered the market. Bulls are already seeing a burst higher, with the gap higher today, reaching $65,087.

Bulls have successfully defended $65,087 in BTC price with further inflows. Bulls in Bitcoin are likely to wait on their hands for a while before trying a retest of $69,123. Expect bulls to go above $70,000 as buy-side…