Bitcoin on Daily Resistance, We may see $35k Next with Breakout

Recently, Bitcoin has displayed a downward trend following its return to the daily resistance level. The ongoing bullish trend has completed four upward movements and is currently in its fifth wave. Should the price confirm a bullish breakout above this resistance, we can anticipate a continuation of the bullish rally towards the $35k mark. In order for this scenario to unfold, we require confirmation of the breakout, which may involve a slight pullback before the breakout or a clear and direct bullish move above the resistance within the next few days.