Bitcoin BTC #BTCvsMarkets
Broke the downward trend and the wedge pattern was activated, and the price breached the most significant and largest resistance of 90k.
This means we have entered another phase with significant positivity. Thank God, currently, the requirement is to stabilize the price above 90k, and a weekly close above this number will confirm our outlook for continued upward movement to achieve a historical peak above 109k.
As for the cryptocurrencies, some have liquidity while others are struggling due to acquisition.
The acquisition of Bitcoin is nearing its end as it is at levels that should not be underestimated, at 64%. Just imagine the magnitude of the increases and doubles we could achieve from its decline.