Technical analysis by ataaka about Symbol BTC on 2/8/2024

When the old rising trend was broken, it became a strong resistance for us. Now bitcoin has jumped on this trend. Our first target at the daily closing will be the retest of the last rising trend. If we can break this, we will test the upper rising resistance that I have highlighted in blue, which has been working since the bottom of bitcoin. With a massive breakout, we will be talking about very different things and perhaps the firecracker will be fired that will officially start the next bull season.