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GM bitcoin enthusiasts,Yesterday, Bitcoin hit a new all-time high of $110,730 on Bitstamp, with a record daily close at $109,682. 🚀Today, BTC is continuing its upward momentum, seemingly unfazed by resistance at the previous all-time high around the $109K level. Bulls remain in control—for now.So the question is:- Is this a true breakout signaling continuation of the rally?- Or is this just a deviation above resistance that needs to cool off before making new highs?- Could we be facing a stronger correction soon?Curious to hear your thoughts—are you riding this wave, or playing it cautious?P.S. There’s something poetic about Bitcoin making new highs on Bitcoin Pizza Day. 🍕 Maybe it's the perfect excuse to treat yourself to a slice and reflect on how far we've come.
GM Market Enthusiasts,In today’s update, we turn our attention to Bitcoin’s evolving trend. Since the end of February, BTC has been tracing a steady pattern of lower highs and lower lows. Currently, it remains below the 200-day simple moving average, consolidating around the 85K mark — a zone that has served as a resistance in recent days.The big questions now are:When will this downtrend lose its grip? At what point might Bitcoin reclaim ground above the 200DMA?How long do you expect BTC to remain within this descending channel? And when the breakout comes — which direction will it take?We’d love to hear your thoughts — where do you see Bitcoin heading next?
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