Bitcoin Breaks Triple Resistance, Signaling Start of a New Bullish Phase

Portalkripto.com – Bitcoin has just achieved a significant technical milestone after successfully breaking through three major resistance levels over the past two weeks.

A well-known market analyst under the handle Rekt Capital on X highlighted that this price action could mark the beginning of a new phase for Bitcoin. “Bitcoin broke them all last week,” Rekt Capital wrote.

This breakout is accompanied by renewed optimism from both institutional and retail investors toward the leading crypto asset.

What is the “Triple Resistance”?

The three resistance levels that Bitcoin broke include:

• Weekly Downtrend Line – A mid-term descending trendline that has been pressuring BTC since its last all-time high.
• Weekly Horizontal Resistance – A key price level around $86,000 (marked in blue) that previously acted as a rejection point and triggered price corrections.
• 21-Week EMA (Exponential Moving Average) – A mid-term trend strength indicator often used by traders to gauge momentum.

Breaking through all three is not just a bullish technical signal—it demonstrates significant buying strength capable of reversing the market direction.

Macro and Fundamental Context

Bitcoin’s rally is also supported by broader macroeconomic and fundamental trends:

• $3.4 billion in digital asset investment inflows last week—the third-largest weekly inflow on record—suggests investors are beginning to view crypto, especially Bitcoin, as a safe haven amid geopolitical tensions and a weakening U.S. dollar.
• Mastercard’s initiative to expand stablecoin payment infrastructure legitimizes digital assets further in the eyes of traditional market players.
• On-chain data shows increased accumulation by whales and institutions, reinforcing the market’s confidence in a sustained upward trend.

What’s Next?

With major resistance levels behind us, the focus now shifts to Bitcoin’s potential to reach a new all-time high (ATH). However, the market must remain cautious of:

• Short-term corrections following rapid price movements
• Macroeconomic developments, such as the Fed’s interest rate decisions and upcoming stablecoin regulations in the U.S.
• Market response to inflation data and global trade tensions

If current momentum continues, Bitcoin could enter a price discovery phase—potentially pulling the entire crypto market into the next bull cycle.

At the time of writing, Bitcoin is trading around $95,000, remaining in a sideways range between $93K–$95K for the past 7 days. Meanwhile, 24-hour trading volume has surged over 50% to $31 billion.