Analysis: BTC breaks out of bullish triangle, uptrend set to continue

Bitcoin (BTC) has broken out of its short-term downtrend, confirming a bullish breakout from a consolidating triangle, an indicator often associated with continued upward momentum. According to crypto financial services firm Matrixport on X, the move signals renewed capital inflows, with diminishing concerns over tariffs and limited expected impact from the upcoming U.S. Consumer Price Index (CPI) data. As long as BTC holds above the key support level of $105,075, the bullish trend remains intact.