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Viewpoint: Bitcoin Successfully Breaks Above Ascending Channel Resistance, Potentially Signaling Accelerated Growth

Viewpoint: Bitcoin Successfully Breaks Above Ascending Channel Resistance, Potentially Signaling Accelerated Growth

BlockBeatsBlockBeats2026/04/22 08:24

BlockBeats News, April 22, Licensed Market Technician (CMT) Aksel Kibar stated that Bitcoin has broken above the recent ascending channel's upper trendline, considering this a breakout from a bullish extreme, typically seen as a bullish signal that could potentially accelerate the price towards the 365-day moving average ($87,050).

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