Bitcoin

<ul><li>The market closed bullish on Monday, with Bitcoin climbing above resistance.</li><li>Bitcoin shows signs of a potential breakout, testing key resistance levels on the 4-hour chart.</li><li>Analysts predict a price surge as Bitcoin breaks through a descending trendline, signaling an uptrend.</li></ul><a href="https://cryptotale.org/bitcoin-faces-bearish-pressure-amidst-major-liquidations/" rel="noopener noreferrer nofollow">Bitcoin&#39;s</a> price action on the 4-hour chart suggests a potential bullish breakout. The market closed on a bullish note on Monday, with BTC trading above critical resistance levels, suggesting a continuation of the uptrend. This movement could indicate a significant price surge in the coming days.In a recent analysis, Super฿ro, a trader, highlighted the formation of a descending broadening wedge on Bitcoin’s 4-hour chart. This pattern signals a potential reversal or continuation depending on the breakout direction. The upper boundary of this wedge, marked by a significant resistance level, has become the center of attention.The chart shows Bitcoin testing the upper bounds of the wedge. If BTC successfully breaks above this level, it could trigger a bullish rally, potentially targeting the $65,000 range. However, the analyst also warns of the possibility that <a href="https://cryptotale.org/bitcoin-stalls-below-59k-as-toncoin-and-altcoins-surge/" rel="noopener noreferrer nofollow">Bitcoin</a> might fail to break out, leading to another dip toward the lower bounds of the wedge.Another well-known crypto analyst, VeLLa Crypto, also weighed in on the current Bitcoin setup. VeLLa Crypto points out that Bitcoin is breaking through a descending trendline on the 4-hour chart against USDT.<a href="https://cryptotale.org/btc-nears-crucial-level-analysts-predict-potential-move/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

BTC Nears Crucial Level: Analysts Predict Potential Move

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