đ Bitcoin's Bullish Breakout?
Bitcoin's "three-line break chart" suggests a bullish trend, hinting at a potential move to record highs. Despite a 5% rally to $66,000, BTC remains in a seven-month descending channel on the daily candlesticks chart. However, Monday's breakout on the three-line break chart signals a resumed uptrend from October's $30,000 lows, possibly leading to new peaks above $73,000.
đ Key Points:
- Three-line break chart shows bullish outlook.
- Daily candlesticks chart indicates resistance around $70,000.
- Watch for potential bullish invalidation.
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