Bitcoin Breaches 'Ichimoku Cloud' to Flash Bullish Signal While Altcoins Lag: Technical Analysis

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin (BTC) has finally surpassed a key resistance that limited recovery rallies earlier this year, after rising over 5% to $93,500 in 24 hours.The leading digital asset by market value has topped the "Ichimoku Cloud," confirming a bullish shift in momentum, while other major cryptocurrencies lag.The Ichimoku cloud, developed by a Japanese journalist in the 1960s, is used to identify support and resistance, momentum, and trend change in price actions source: https://www.coindesk.com/markets/2025/04/23/bitcoin-breaks-through-ichimoku-cloud-leading-the-bullish-charge-while-xrp-ada-doge-and-eth-lag-technical-analysis