$BTC Coiling for Breakout – Watch $103.8K for Acceleration!
$BTC is currently trading at $103,325.02 (+0.34%), forming a classic falling wedge pattern – a bullish structure signaling potential breakout.
Chart Structure:
• Support Zone: $103,000 – $103,100
• Resistance Zone: $103,800 – $104,000
• Pattern: Falling wedge tightening near apex
Bullish Targets on Breakout:
• TP1: $104,200
• TP2: $104,800
• TP3: $105,500
If BTC breaks out of the wedge above $103,800, expect sharp upside as buyers regain momentum. Volume confirmation will be key—watch closely.