Bitcoin has 8 consecutive bullish candles and has now reached a critical point—will it go up or down next?

I think it's premature to discuss that now. A couple of days ago, I highlighted tokens with solid recent uptrends and Bitcoin's resistance levels. Currently, with 8 consecutive bullish candles pushing higher, we're approaching the resistance level, but there's still room to go—over 5000+ points of space to be exact.

In my view, how this wave plays out depends on this week's final closing price. If it breaks through the $80,000 resistance and holds steady, all signs will indicate a major rally. Otherwise, it will touch the next bear phase, which could be a scary decline!! #BTC