#GT #BTC #XRP #ETH #DOGE Bitcoin breaks through the key resistance level with the 8-hour chart confirming the breakout of the main trendline. Expectations indicate a bullish trend as Bitcoin surpasses vital resistance markers on the 8-hour chart.

Two market indicators point to an overbought condition with the Relative Strength Index reaching 73.99 while the MACD indicator reveals an internal bearish crossover pattern.
The price movement of Bitcoin remains susceptible to fluctuations as trades occur between the support level at $86,664.84 and the resistance at $88,571.44.
The technical breakthrough has finally occurred as Bitcoin entered the 8-hour chart space while breaking through the trendline barrier. At the time of publication, the price of Bitcoin was trading at $88,520.71, reflecting an increase of 1.3% over the past 24 hours.

Market analysts are closely monitoring this development, as it seems to indicate an early stage of a bullish price trend. Market participants are observing the latest price activity due to the potential for increasing momentum that could shape future market trends, although it is too early to determine long-term trends.

Bitcoin is consolidating near the main resistance level and is looking for a potential breakout.
As of the time of preparing this report, Bitcoin is trading