The downward trend has been broken and the wedge pattern has activated, with the price breaking the most significant and largest resistance at 90,000.
This means we have moved to another phase and a significant positive outlook, thank God. Currently, the requirement is for the price to stabilize above 90,000, and a weekly close above this number will confirm our view of continued upward movement to achieve a historical peak above 109,000.
Regarding the cryptocurrencies, some have liquidity while others are struggling due to acquisition.
The acquisition of Bitcoin is nearing its end as it stands at significant levels of 64%. Just imagine the potential increases and doubling we could achieve from its decline.