The Bitcoin chart is showing signs of a new bullish phase, with the 3-month chart closing above the all-time high (ATH) made in 2021. This has led to expectations of a rally in Bitcoin's price. The 3-month candle is consistently converging above the 2021 ATH, indicating the potential for further price gains in the near future. Bitcoin is holding around $61,000, with the previous ATH serving as stable support. Analysts anticipate a massive move soon, potentially leading to a "God-like candle" that pushes prices higher. The long-term technical outlook for Bitcoin appears promising, but there is some risk due to market fluctuations.



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