$BTC Re-enters Ascending Channel, Eyes $102k and Beyond! 🚀📈

On the daily timeframe, $BTC has decisively broken back into the ascending channel, currently trading at $96,257 This bullish development, after a period of consolidation, suggests renewed upward momentum. The 24h high is $97,895 with a strong trading volume of 14.356K BTC and 1.39B USDT.

✅ Key Observation:

#BTC has successfully re-entered the ascending channel, indicating a continuation of the bullish trend.

Next Potential targets (within the ascending channel):

🎯 $102,000 (potential first target based on channel trajectory)

🎯 $105,000 (potential next target within the channel)

🎯 $110,000 (upper boundary of the ascending channel - significant resistance)

🛡️Important Support Level (lower trendline of the channel):

🛡️ $92,206 (potential near-term support - lower boundary of the channel)

🛑 Stop Loss:

Consider setting a stop loss below the lower trendline of the ascending channel to protect against a potential breakdown, perhaps around $91,500.

Buy and trade here on $BTC