#BTCvsMarkets
The downward trend has been broken, the wedge pattern has been activated, and the price has broken the most important and largest resistance at 90,000.
This means we have entered another phase with great positivity. Thank God, currently, the required condition is for the price to stabilize above 90,000 and a weekly close above this number will confirm our outlook for continued rise to achieve a historical peak above 109,000.
As for the cryptocurrencies, some have liquidity while others are struggling due to accumulation.
The accumulation of Bitcoin is nearing its end as it is at levels that should not be underestimated, at 64%. Just imagine the magnitude of the increases and doubles we could achieve from its decline.