Bitcoin Breaks Through Resistance, Poised for Significant Upside

Bitcoin’s price has shown signs of life in recent days after a prolonged downtrend since the beginning of 2023. A surge past $91,000 on April 22 marks its first higher high of the year and suggests the start of a new uptrend. This breakthrough comes after Bitcoin broke above its previous lower high and resistance at $88,500, but sustained price growth is driven by increased buying volumes in various segments of the market.