Bitcoin’s ascent toward establishing a new high resistanceBitcoin / TetherUSBINANCE:BTCUSDTMrMartin_11Bitcoin’s slow ascent toward establishing a new high has continually faced significant resistance over the past few weeks, leaving the market uncertain about its future trajectory. Technically: The market is forming an uptrend within a broader bullish structure, as reflected on the charts. However, during this consolidation phase, Bitcoin remains under pressure from bears. This has resulted in a false breakdown of the consolidation range, while price action continues to approach the key resistance level at 122K. You may find more details in the chart. Trade wisely best of Luck. Ps; Support with like and comments for better analysis Thanks for Support.