February 28, 2026

BITCOIN wait for breakout ๐Ÿš€

BITCOIN wait for breakout ๐Ÿš€

BITCOIN wait for breakout ๐Ÿš€

Bitcoin wait for breakout ๐Ÿš€

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
MadWhale


BITCOIN wait for breakout ๐Ÿš€

Based on the chart, the price is located in purple zone, and here we have two vital trend line (the green and the red trend line ) and tow major support and resistance area ($36500 and $43000) โœ”๏ธ
if
the price breaks the purple zone, the red trend line ($42500 to $44500area) and the resistance area to the upside we will see more gain at least to $52000 area ๐Ÿš€
before more gain, we can see brief correction like the chart arrows โœ”๏ธ

fundamental point
other sign for more gain could be the more buy position by the wallet that contains more than 10 bitcoin exactly like 2018 โœ”๏ธ๐Ÿณ

but if
the price breaks the support area here (36500) to the downside we will see more correction โŒ๐Ÿงจ

Please, feel free to ask your question, write it in the comments below, and I will answer.๐Ÿ‹

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