$BTC
BTC
94,900.01
+0.4%
BTC Breakout Alert – Opportunity Knocking?
Bitcoin is forming a bullish ascending triangle pattern on the 4-hour chart, with higher lows pushing against a strong resistance zone near $95,600. This pattern often signals a potential upward breakout, and BTC is once again testing the upper boundary.
With strong consolidation and buying pressure building, a breakout above the resistance could open the doors to significant upside movement. 📊
Key levels to watch:
Support: Rising trendline (around $94,000)
Resistance: $95,600
This might be the ideal entry point for traders looking to ride the next wave. As always, manage your risk and keep your eyes on volume confirmation.