Bitcoin: Strong Bullish Momentum Ahead

BTCUSDT technical analysis update

Currently, Bitcoin has been trading within a range for the past 200 days.
From March 2023 to October 2023, the price fluctuated between 25K and 32K for 224 days before breaking the range and bouncing over 130%.
Now, we are observing a similar pattern, with Bitcoin trading inside a rectangle since February, between 53K and 73K. The price is approaching a potential breakout, which could occur within a month. Once the breakout happens, we may see a strong bullish move.

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