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BITCOIN (BTCUSD): The Ultimate Surge - New ATH Coming
Bitcoin successfully broke out of the symmetric triangle pattern and surpassed the dynamic resistance line.
The crucial level to monitor now is the all-time high. Sustaining this level could lead to a significant bullish rally akin to previous trends, but failure to do so could result in a decline.
If a pullback occurs, the 90k minor support area may offer some defense, potentially leading to a bullish rebound.
However, a 4-hour close below this zone could negate the bullish scenario and pave the way for further losses.
The crucial level to monitor now is the all-time high. Sustaining this level could lead to a significant bullish rally akin to previous trends, but failure to do so could result in a decline.
If a pullback occurs, the 90k minor support area may offer some defense, potentially leading to a bullish rebound.
However, a 4-hour close below this zone could negate the bullish scenario and pave the way for further losses.
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