Bitcoin just broke above a trend line that capped it for five years, and holding that line would be a strong signal for buyers.

• Bitcoin has pushed through a resistance line stretching back to 2021, which rejected it again in May.
• The key test is whether that old ceiling now acts as a floor, likely within days.
• A pullback toward the low 80,000s is possible if fear builds around a stalled Iran deal or a rough earnings season.
• As long as that line holds on the way down, the breakout counts as confirmed.

Outlook: If the line holds as support, the next target is the 102,000 level and possibly higher.