Wednesday, January 22, 2025
BTC UpdatesBitcoin Breakout: The Start of a New Rally?

Bitcoin Breakout: The Start of a New Rally?

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Bitcoin Breakout: Momentum Unleashed

Bitcoin’s bullish momentum has strengthened as if it successfully broke above the Green resistance zone, which lies between $9,305.30 and $9,900.43, along with a descending trendline. This resistance zone represents the range high. To sustain this bullish trend and pave the way for new highs, Bitcoin needs to flip this zone into a strong support level. This transition would confirm buyer dominance and potentially signal the continuation of the upward trajectory.

 

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