Btcusd techinical analysis.Bitcoin/USDOKX:BTCUSDRickypherThis BTC/USD 1-hour chart suggests a bullish breakout scenario. Here's a breakdown of key technical signals: Key Observations: 1. Price Level: Current price is $109,582.1, with a recent rise of +0.59%. 2. Resistance Zones (Purple Boxes): First resistance near $109,800 – $109,900. Second (minor) resistance around $109,300 – $109,400. Price is testing the upper resistance zone now. 3. Bullish W Pattern: A sharp drop and recovery formed a “W” pattern—common before breakouts. The neckline of this W is being challenged. 4. Trendline Breakout Projection (Blue Arrows): The chart suggests a breakout projection towards $110,300 – $110,400. This is based on the upward trajectory from the recent swing low. 5. Support Zone (Lower Purple Box): Support established at $109,150 – $109,250. If price