Bitcoin Reclaims Strength: From Breakdown to Breakout Potential

BTC has broken out of a multi-day descending channel and recovered strongly after a sharp flush.
Price is now grinding upward after a long consolidation zone and is approaching a key resistance area around 88,000–92,000 USDT. This zone is marked with two stacked levels, suggesting potential double resistance.
As BTC moves into this cluster, the next move depends on whether it can:
Break above 88K and hold → opens the path toward the 92K level.
Reject at 88K → could send price back toward the previous consolidation support.
Price is now grinding upward after a long consolidation zone and is approaching a key resistance area around 88,000–92,000 USDT. This zone is marked with two stacked levels, suggesting potential double resistance.
As BTC moves into this cluster, the next move depends on whether it can:
Break above 88K and hold → opens the path toward the 92K level.
Reject at 88K → could send price back toward the previous consolidation support.
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Join free telegram channel
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t.me/+UlkzSENzAv4wOTc0
Daily 3-5 signals
Xauusd Gold updates
Free signal telegram channel
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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.