#StablecoinPayments Consolidation around 95 thousand dollars may herald an explosion

Bitcoin has been moving in a narrow price range for several days. The level of 95,000 dollars acts as the upper boundary of the consolidation channel. Breaking through this resistance could trigger a new growth momentum.

The formation of the so-called bull flag indicates the possibility of a continuation of the upward trend. This is a classic signal that often precedes a strong breakout upwards. In this case, a rapid attack on the level of around 108,000 dollars is possible.