Weekend Breakout again for BTC?🤔

Hello Lions! Good day! I hope all of you are having an awesome time.😃

I would like to talk about the recent move of Bitcoin and the potential for a breakout this weekend. So far Bitcoin is really going strong right now. It has moved non-stop since the $3,000 usd lows of March. It has really come a long way and still, more and more institutions and big boys are wanting to join the action.

So now let's talk about price action. The chart below is from lower timeframes and we can obviously see the strong upward force and trend that is going on. We can also see a lower highs (green arrows) that are very intact. This is a very good indication that the buyers are still in control and they are willing to push the price higher. This descending pattern is also very bullish including the volume that is quieting down. One big push will definitely break this resistance and move us to a higher prices probably upto the next psychological resistance of $50,000 usd and a market cap of $1 trillion dollars.

If you want some chart requests or want me to analyze some crypto or asset, just comment below and I will post it next. Thanks!😃

Till next time my friends, Cheers!! 😃

Disclaimer: This is not a financial advice and for educational purpose only.

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