BTC - Breakout Loading...Bitcoin / TetherUSBINANCE:BTCUSDTVIAQUANTThis is an update to my last post: After correctly identifying the low and the reversal back to the upside, BTC is now at a pivotal point in the trend. It just closed the most recent 4H candle right at the black resistance trendline. Currently, price is trading above this, which means BTC is preparing for a breakout. This breakout is not confirmed yet, as price needs to see 4H candle closes above the black trendline. Upon confirmation, I expect a breakout move toward $77–$78k. There is also a chance, upon confirmation, that price could come back down and retest the black trendline as new support before making the breakout move higher. However, it is important to outline the scenario if BTC is not able to close above the black trendline and instead sees sellers take over and reject the level again. If this scenario plays out, it would form a "descending triangle," with a potential move to $62.8k. For now, based on all the other bullish signals I posted about yesterday, it seems this breakout is likely. We should just be watching for confirmation closes.