Here is a quick analysis based on the new BTC/USD chart.
2024-11-09

The chart shows a significant upward trend in Bitcoin's price. It seems that the price has broken out of the previous consolidation channel and is now heading towards a major ascending resistance area, the upper boundary of which represents nearly $100,000.

Bitcoin maintains an upward trajectory with strong support from the lower trend lines.

The $88,000 to $100,000 target area is a strong resistance area where we could see some price consolidation or rejection.

If BTC can break this resistance with strong momentum, it could signal a substantial long-term bullish phase.

Be wary of potential pullbacks as BTC approaches these key resistance areas. Let me know if you would like more information on specific indicators or trendlines!

Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.

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@Peter_CSAdmin