https://preview.redd.it/h3ax0naneozg1.png?width=1793&format=png&auto=webp&s=f03c1d2ff07959c90717583436c8970ae3eade3a
[https://coinmarketcap.com/currencies/bitcoin/](https://coinmarketcap.com/currencies/bitcoin/)
Bitcoin has finally pushed above the upper boundary of the ascending channel that has been respected for months on the daily timeframe.
What stands out here is how many times this trendline acted as resistance before finally breaking. Instead of immediate rejection, BTC is now attempting to hold above the breakout zone around $80K-$81K, which is an important sign of strength.
The structure still looks bullish overall, with higher lows continuing to form since February. If the breakout sustains, the next major resistance levels are around $86K, followed by the $89K-$94K region.
The key thing to watch now is whether previous resistance successfully flips into support. That usually determines whether a breakout becomes a continuation move or a fakeout.
NFA | DYOR