The descending trendline breakout was accompanied by a 45% surge in volume vs. 20-day average, indicating institutional accumulation. This mirrors the volume pattern during GT’s April 2022 breakout, which resulted in a 120% uptrend. Current volume-adjusted price action suggests $100 is conservative if BTC remains stable.
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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.