📊 Price Behavior and Trading Volume Analysis $BTC

🔍 1. Ascending Triangle Pattern: Recently, Bitcoin has formed an ascending triangle pattern on the 30-minute chart, which is a positive pattern indicating a potential continuation of the upward trend. However, caution should be exercised regarding false breakouts that may serve as traps for buyers.

📈 2. Strong Resistance at $104,900: We have observed strong resistance at the level of $104,900, where the price has failed to break through several times. This indicates the presence of significant sell orders in this area, and it may be an attempt by market makers to gather liquidity before moving the price.

📉 3. Important Support at $103,800: On the downside, there is important support at the level of $103,800. If this level is broken, we may witness a decline towards lower levels, which could be part of the market maker's strategy to flush out weak traders before climbing again.