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Breakout in BTCUSD

BTCUSD. The BTC price was able to stay above the important diagonal after breaking through it on October 16 despite the initial spike. Then the growth only accelerated and we were finally able to see the iii wave (green cycle) in its full force. Today the price has already risen above 35,000, setting new annual highs.
I highlighted the summer 2020 zone on the chart, when an important downward diagonal was also broken after the end of the 2nd wave down (on the blue cycle). Perhaps in the current phase of the market we will see similar price behavior.
Chart PatternsTrend AnalysisWave Analysis

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