Bitcoin Shatters Key Resistance – Is the Bull Run Heating Up?

Bitcoin has officially broken out of a major descending trendline on the daily chart, signaling a potential shift in market dynamics. This trendline, which had held firm since March, was finally breached as BTC surged past the $66,000 mark, igniting excitement among traders and investors.

This breakout could open the door for further bullish momentum in the days ahead, with Bitcoin now gathering strength. However, the next challenge will be whether BTC can sustain this upward trajectory and push toward new highs.

Many market participants are now anticipating a potential rally, with hopes that Bitcoin might retest its previous all-time highs. As bullish sentiment builds, all eyes are on BTC to see if this breakthrough will be the spark that revives the long-anticipated bull run.

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