$BTC surged 10% last week, flipping back into positive momentum.
✅ Confirmed Breakout:
Bitcoin has officially broken out of the falling wedge pattern that stretched from late 2024 to early 2025. Falling wedges are known bullish reversal patterns—and this one delivered, fueling a strong rally upward.
✅ Key Resistance Turned Support:
The major resistance zone around $88,000–$92,000 has been cleanly broken. Bitcoin is now eyeing the next critical target at $109,356—and beyond that lies full price discovery.
✅ MACD Bullish Cross Incoming:
The weekly MACD is on the verge of a bullish crossover (highlighted with orange circles). Historically, these crossovers have triggered major upside moves. The histogram is expanding positively, signaling growing bullish momentum.
✅ RSI Trendline Breakout:
The RSI (~58) has broken out of a long-term downtrend and is climbing higher. This signals strengthening bullish pressure, with no immediate bearish divergence appearing.
Summary:
• Trend: Strongly bullish
• Support Zone: ~$88,000–$90,000
• Resistance Target: $109,356
• Momentum Indicators: Strong (MACD and RSI turning bullish)
