It is highly expected something like this coming soon. I know that people are not sure which direction it will go, and I am not neither, but a "breakout" is exactly what I was suspecting. Not that I know it will go up, but I know that either down or up it would have a big movement. Whenever bitcoin gets stuck between the same prices and doesn't go up or down too much for weeks (we have been between 55k and 60k for a long time now) I know that it will definitely have a huge move. Now, I am not sure if it will be up, maybe it will be down and we will go under 50k, who knows? But this chart shows that there is a good chance the movement will be towards upwards.