🚨Is the Bitcoin Storm Coming? Key Technical Patterns Suggest a Major Breakthrough Ahead!

Current BTC trend reveals important signals:

1️⃣ Early strong rise of Bitcoin, with the price climbing to a high of about $112,000.

2️⃣ Subsequently entering a consolidation range, the price oscillates between $110,800 and $112,000, with both buyers and sellers evenly matched, and a strong market wait-and-see sentiment.

3️⃣ Suddenly, a bearish breakout occurs, with the price falling below support to about $107,800, where sellers take the advantage.

4️⃣ Following this, it enters a symmetrical triangle consolidation period, with the highs gradually decreasing and the lows gradually rising, suggesting an impending directional breakout.

Currently, the price is approaching the triangle apex, facing two major possibilities:

🔥 Upward breakout, with the potential to rebound to the $112,000 resistance area;

❄️ Downward breakdown, which may lead to a drop towards the $106,000 to $105,000 area.

Volume contraction indicates that the market is in a critical consolidation phase, ready for an explosion at any time. Traders must pay attention to breakout signals, cautiously set stop losses, avoid chasing highs or panic selling, and wait for clear trend confirmation!