Cryptocurrency data analysis firm Swissblock diagnosed that Bitcoin's (BTC) upward momentum is strengthening again. Through X, he analyzed, "The BTC bullish cycle typically unfolds in the sequence of ▲initial rise ▲consolidation phase ▲accelerated rise ▲consolidation after overheating, and BTC has currently entered the phase of forming upward momentum. The key is not simply whether the price breaks out, but whether BTC can maintain its upward energy by trading sideways within a specific price range. Currently, as it tests major resistance levels, if the upward trend is sustained, a rally to $84,000-$86,000 could follow."
