Bitcoin Sell Walls are Crumbling – Breakout Incoming?

Bitcoin has been stuck in consolidation for almost eight months, but it looks like the $64,300 resistance from August is finally weakening.

Past pullbacks from this level have been getting smaller, and with the 21-week EMA holding as strong support, there’s a good chance BTC could break through and hit $66K soon.

On-chain data now shows that buy walls are stronger than sell walls right now, which could help the bulls take control.

Are we finally going to see Bitcoin push past this resistance, or is more sideways action ahead?