Bitcoin Breakout Imminent? $90K+ Target as Key Indicators Flash Bullish Signals

Bitcoin (BTC) is poised for a breakout, according to two classic indicators. Popular trader Roman highlights the formation of a bullish continuation case on the weekly chart. He observes a 3rd bullish divergence between price and RSI, indicating a potential surge. Narrowing Bollinger Bands suggest imminent volatility and a potential move towards new all-time highs of $90,000+. Other analysts also anticipate a breakout to the upside, fueled by positive macroeconomic conditions like record US equities and declining bond yields. Despite a recent slump, Bitcoin remains a strong bet on higher timeframes, with historical data suggesting crypto could flourish in the current environment. However, investors should conduct their own research before making any investment decisions.