Bitcoin (CRYPTO: BTC) has tapped the $75,000 level, prompting renewed optimism that the asset may be entering a new upward phase after a two-month consolidation period.
Structural Breakout Underway
Bitcoin is being described as breaking out of a symmetrical triangle pattern, having cleared a descending trendline that had capped price action for weeks, crypto chart analyst Ali Martinez noted in a detailed X post.
Analysts say this move signals a potential structural shift, suggesting the prior consolidation phase may be ending and a new upward …