This 4-hour Bitcoin chart highlights a descending trendline acting as resistance, while an ascending trendline supports the price. The price is consolidating near a key resistance zone Green at $84,705 - $85,556, indicating a potential breakout above the trendline. A successful breakout and retest could lead to a bullish move toward the higher resistance zone Blue at $90,772 - $91,560.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.