Bitcoin just cleared a critical resistance level, breaking through its descending trendline while maintaining support from the rising trend. This setup has triggered an ascending triangle pattern following an extended consolidation phase, which typically signals bullish momentum ahead.

The technical picture looks constructive above the breakout zone, but traders should stay cautious—losing this support level could quickly reverse the bias and trigger significant downside pressure. The million dollar question: is this a genuine breakthrough or just another bull trap in a volatile market? Watch the volume confirmation and how price holds these key levels in the coming sessions. Context matters here, so don't ignore broader market conditions and macro developments.