#BTCBreaks99K
*BTC Analysis*
Bitcoin is trading within an upward wedge formation, a pattern often seen in strong bullish trends. This wedge follows a clear impulse move and is supported by a solid buyer zone, where multiple impulses have pushed the price higher.
*Key Points:*
- The price recently broke out from a resistance zone and retested the support area before rallying.
- The wedge formation indicates buyers are pushing the price higher, while sellers are becoming more aggressive, setting up for a potential breakout.
- Currently trading above $93,700, with slight consolidation below the wedge resistance line.
*Expectation:*
Based on the wedge geometry and strong impulse structure, I anticipate BTC to test the $100,000 level, aligning with the upper wedge boundary (TP 1).
*Disclaimer:* Trade at your own risk. Stay tuned for further updates!