The previous two candles have formed a Bullish Harami pattern, with the most recent candle close confirming this bullish signal. This development bodes well for the market.
Bitcoin has been attempting to break the current resistance for the past 140 days, which also aligns with the previous all-time high (ATH). A breakthrough is imminent, and once achieved, Bitcoin is likely to surge to 90k+ in the initial move. According to the Pie Cycle Bitcoin Top Indicator, this will be followed by a correction and then an impulse towards 129k.
The price has not yet touched the green line.
So, zoom out and look at the big picture. The less you touch your bags, the more money you'll make!
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