$BTC Update – May 7 Bitcoin has confirmed a breakout from the ascending triangle pattern with strong trading volume, indicating that buying pressure is returning quite strongly. The price is currently undergoing a retest of the breakout zone to consolidate the upward trend. The MA20 continues to act as an important dynamic support, while the Ichimoku cloud below still maintains a bullish structure, showing that buyers remain in control of the market. If BTC holds this current retest zone, the market is likely to continue extending its upward momentum in the coming sessions. Conversely, if the nearest support is lost, price may return to a short-term consolidation phase before a new trend emerges. #BTCBreaks5MonthDowntrend #StrategyMaySellBTC #OKXPreIPOPerpsGoLive