$BTC ON-BALANCE VOLUME (OBV) BREAKOUT SIGNALS STRONG BULLISH CONTINUATION
Bitcoin’s OBV just broke out — and that could mean the bulls are back in full control.
The On-Balance Volume (OBV) indicator, a key measure of volume flow and momentum, has broken through resistance after weeks of consolidation. This breakout confirms a bullish continuation pattern, suggesting that Bitcoin’s upward trend may be far from over.
Why it matters:
OBV tracks whether volume is flowing in or out of an asset.
A breakout in OBV often precedes or confirms price breakouts.
Combined with positive price structure, this adds strong confluence for bullish sentiment.
Analysts are calling this move "mega bullish," with many eyeing higher targets in the short to mid-term if volume and momentum persist.
Stay tuned — the market could be setting up for its next leg higher.