Bitcoin’s Breakout Signals Potential for New Record Highs

Bitcoin has spent the past six weeks battling to break above the $90,000 mark, after a prolonged period of sideways movement between $90,000 and $109,000. A significant breakout pattern suggests Bitcoin may be nearing a new all-time high. World Of Charts points out that Bitcoin is showing signs of recovery and approaching a crucial resistance zone marked by a falling wedge pattern and a descending trendline.