Bitcoin has recently made a retracement from its resistance level back to $67,000 and is currently trading at $68,300, setting the stage for a potential breakout. Over the past three months, the cryptocurrency has shown sturdy momentum, staying above its 30-day exponential moving average (30-EMA) at $66,628 since mid-May. The price range has established a support level at $60,000 and a resistance level at $72,000, experiencing deviations leading to highs at $73,805 and lows near $56,500. The daily relative strength index (RSI) currently stands at 55.09, indicating a neutral-to-strong position that could fuel an anticipated breakout.

Renowned crypto and stock trader Jelle is optimistic about Bitcoin's future, forecasting a rise to $82,000. By analyzing the 'Power of Three' pattern, Jelle predicts a breakout from the current consolidation phase towards new highs. Achieving a breakthrough above the $72,000 level is seen as crucial for initiating a bullish trend.

Despite the positive outlook, challenges remain as retail investors enter the market amidst Mt. Gox's movement of long-dormant funds. Jelle advises traders to exercise caution, conduct thorough due diligence, and implement effective risk management strategies, especially with the potential opportunity presented by altcoins alongside Bitcoin's breakout.

Disclaimer: This content does not constitute investment advice, and all investments involve risks. It is essential to approach financial decisions with care and informed analysis.