BTC is currently showing a powerful accumulation and breakout pattern, repeating the same bullish structure that led to explosive rallies in the recent past.
The chart highlights three key zones where Bitcoin consolidated before breaking out:
🔹 First breakout from the $81K–$86K zone
🔹 Second breakout above $93K after holding above the 50 EMA
🔹Now, Bitcoin is accumulating again just below a key resistance zone (~$105K–$106K)
This resistance zone has acted as a ceiling before, but the current price action suggests strength. The tight consolidation just below resistance often precedes a breakout — and if it happens here, Bitcoin could explode toward $115K+ in the coming weeks.
Key Technical Points:
🔹50 EMA is acting as dynamic support
🔹Higher low structure remains intact
🔹Each consolidation is followed by a strong upward breakout
Repeating accumulation breakout pattern is visible
Next targets: $111K → $115K → $120K
Invalidation: Breakdown below 98K with strong volume
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