Here is a comprehensive technical analysis of Bitcoin (BTC)

🧱 First: Classical School (Price Patterns)

🔹 Current Patterns:

• Ascending Triangle: It was broken upward at the level of $100,000, indicating the continuation of the upward trend.

• Bullish Pennant: Formed after the triangle breakout, supporting the upward momentum.

🔹 Support and Resistance Levels:

• Support: $92,000 (previous peak), $85,000 (bottom of the pennant).

• Resistance: $107,000 (historical peak), $109,000 (previous highest price). 

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🧠 Second: Smart Money School (SMC)

🔹 Market Structure:

• Break of Structure (BOS): The previous peak at $100,000 was broken, indicating a shift in market structure towards the upward trend.

• Change of Character (CHOCH): Confirmed after breaking the local bottom at $95,000, supporting the upward trend.

🔹 Supply and Demand Zones:

• Demand Zone: Between $92,000 and $95,000, where it is expected to be a liquidity attraction area.

• Supply Zone: Between $107,000 and $109,000, where prices may face strong resistance.

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🧩 Third: Harmonic Patterns

🔹 Potential Patterns:

• Bullish Gartley Pattern: Formed between the levels of $85,000 and $100,000, indicating a potential continuation of the upward trend towards $118,000.

• Bullish Butterfly Pattern: May form if the price continues to rise above $109,000, indicating targets reaching $130,000.