MARKET UPDATE: $BTC

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BTC has broken out of an ascending triangle, confirming a bullish trend. The price has moved above a key resistance level and is now retesting it as support. This validation is important as it increases the chances of continued bullish price movement.

If this support holds, Bitcoin could continue its upward movement toward higher levels. However, if the price falls below this zone, it may decline further and test the ascending trendline.