BULLISH SIGNS FOR BITCOIN? Uptrend Channel Breakout in Sight!đ
#Bitcoin is hinting at a potential reversalâAfter breaking out of a downtrend channel on lower timeframes, $BTC is testing a key resistance zone between $64,500-$65,500.
If this resistance is successfully broken and sustained, it could signal a continuation of the upward trend.đ
This breakout suggests a shift in market sentiment, with buyers potentially taking control. However, it's crucial to remember that technical analysis is not a guarantee. Other factors like news events and overall market conditions can still influence price action. đȘ
What to Watch: đ
Can #BTC decisively overcome the resistance zone?
Does strong trading volume accompany the price increase?đ€
Are there any upcoming economic or crypto-specific news events?đ°
What's Your opinion on BITCOIN??