Is Bitcoin Repeating the Classic Breakout Pattern to Surge Above $110K?

The price of Bitcoin (BTC) rose to $96,000 to close April on a positive note and may be starting an upward trend. BTC has broken through critical resistance, but has not yet returned to its market peak price, which would indicate the return of a bullish market. Rekt Capital, a crypto analyst, proposed a price trajectory for Bitcoin to reach its bullish potential and revealed new prices.

In this scenario, the top cryptocurrency faces a high low resistance at $99,000. BTC surged 80% in mid-October 2024 under similar conditions.$BTC