Bitcoin Primed for Major Breakout as Bullish Signals Emerge

In a tweet posted early Friday morning, Rover highlighted a classic bullish chart pattern forming on the 1-hour timeframe — a symmetrical triangle consolidation following a steep upward move.

This setup often precedes a continuation in the direction of the prevailing trend, which in this case is up. “NEW BITCOIN BREAKOUT LOADING…” Rover wrote, suggesting an imminent surge in price.

Supporting the short-term optimism, Rover also shared a second post spotlighting a critical development on the weekly chart: a bullish MACD crossover, a widely recognized signal of long-term trend reversals. Historically, previous MACD crossovers in 2023 and 2024 preceded major bull runs for BTC.

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“BULLISH CROSS FOR #BITCOIN ON THE WEEKLY. ONE OF THE MOST BULLISH SIGNALS EVER! 🚀” the analyst stated, emphasizing the historical importance of this indicator.

At the time of the tweet, Bitcoin was trading just above $103,000. With both short- and long-term technicals aligning, market participants are closely watching to see whether this setup will mark the beginning of Bitcoin’s next leg up.

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