Bitcoin Daily Chart Compression Mirrors 2018 Setup – On The Edge Of A Breakout?

Description

Bitcoin reached the $108,000 level just a few hours ago, coming within striking distance of its all-time high at $109,000. While bulls continue to show strength and maintain momentum, the market has yet to deliver a clear breakout into price discovery. The resistance at the ATH remains a critical barrier that must be breached for BTC to confirm a new rally phase and launch into a sustained impulsive move. Investor sentiment is mixed as volatility narrows and price action tightens, suggesting a d...