Bitcoin Breaks Above Key Trendline, Faces Crucial Resistance Zone

Bitcoin has finally broken above its daily descending trendline after nearly two months of downtrend, according to technical analysis by crypto analyst Ash Crypto. This breakthrough has sparked renewed optimism among traders, although analysts stress that a larger bullish confirmation still depends on clearing a major resistance zone.

The leading cryptocurrency now faces resistance between $64,500 and $65,500, an area that could determine whether the recent recovery develops into a sustained upward trend.

Ash Crypto noted that breaking the descending resistance line represents the first technical sign that bearish momentum may be weakening. However, the breakout alone does not confirm a trend reversal, and analysts generally look for follow-through buying and sustained closes above nearby resistance before declaring a new bullish phase.