According to @RhythmicAnalyst, BTC saw a clean breakout to the upside as shown in the posted chart (source: @RhythmicAnalyst). According to @RhythmicAnalyst, this characterization points to bullish momentum in BTC based on the author’s technical view (source: @RhythmicAnalyst).

According to Mihir (@RhythmicAnalyst), the BERA chart is indicating a preparation for another upside breakout attempt. The analysis emphasizes that the number of breakout attempts is less critical than the depth of retracement when a breakout fails. Notably, the recent retracement did not result in a new low, which may suggest a stronger support level for potential traders.