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Three reasons why Bitcoin's 'real breakout' toward $107K has begun

From cointelegraph.com

Bitcoin could reclaim $100,000 as support and rally toward $107,000 in the coming days, driven by a combination of supportive technical and fundamental metrics. Bitcoin confirmed its breakout from a multi-week ascending triangle earlier this week and shifted into a textbook post-breakout retest phase. After pushing above the pattern’s upper boundary near $95,000, BTC pulled back to retest the former resistance as support before bouncing higher, a move typically associated with valid breakouts rather than false moves. Holding this reclaimed level keeps the “real breakout” structure intact and preserves the pattern’s ... (full story)

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  • Category: Technical Analysis