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Bitcoin At The Verge Of Breakout After A Long Term Resistance by hironakamura

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· @hironakamura ·
$18.44
Bitcoin At The Verge Of Breakout After A Long Term Resistance
![6D67B475D998413DBFF68F418C851551.jpeg](https://i.imgur.com/poeETt8.jpg)
[source](https://twitter.com/rektcapital/status/1639763949527728128?s=46&t=Z5OTmZEomvkcObivQxIfPA)

Bitcoin is in the verge of breakout looking at the technical signals which is suggesting this, the crypto analyst says that the king crypto bitcoin monthly candle has broken through a major resistance. It has always been said that these rallies which we are experiencing currently are similar of the previous ones which we have experienced in the bitcoin market. 


In he’s words which he has said that he notice how BTC macro downtrend breakout candles have historically had upside wicks form (yellow circles).This current monthly breakout candle looks no different.He is in the position that a new rally will be determined at the end of the month.

As he says that [this coming](https://dailyhodl.com/2023/03/27/top-analyst-says-bitcoin-in-the-calm-before-the-storm-predicts-big-breakout-through-long-term-resistance/) Saturday, the BTC monthly candle will have closed above the macro downtrend to confirm a new bull market.Only a few days left and BTC is still well in the clear to perform a bullish break of the macro downtrend and monthly close above the key resistance. Short-term, some dipping in price could occur but mid- to long-term, BTC is setting up for a new macro uptrend.

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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
[Twitter](https://twitter.com):Hironakamura 

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@stuartcturnbull ·
hahahahahahaha

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