BTCUSD Weekly Chart – Key Breakout Zone
Bitcoin is now testing the upper boundary of a long-respected weekly trend channel. A clean breakout above this line could trigger a major bullish expansion and lead to price discovery.
This trendline has capped price in the past—keep a close eye on how BTC behaves here. Rejection = pullback risk. Breakout = rocket fuel.
Bitcoin is now testing the upper boundary of a long-respected weekly trend channel. A clean breakout above this line could trigger a major bullish expansion and lead to price discovery.
This trendline has capped price in the past—keep a close eye on how BTC behaves here. Rejection = pullback risk. Breakout = rocket fuel.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.