$BTC Bitcoin’s symmetrical triangle near $109K mimics past breakout setups, with $112K acting as a critical resistance trigger.

Price structure mirrors 2017’s supercycle, with $95K–$100K now firm support and growing institutional demand backing the rally.

If Bitcoin stays above $100K, analysts anticipate a breakout to $120K–$140K, driven by consistent ETF inflows and minimal volatility.

The symmetrical triangle that Bitcoin is currently creating around $109,000 is reminiscent of past rallies brought on by geopolitical tension. Citing comparable formations from previous cycles that preceded significant bullish breakouts, analysts are keeping a close eye on this situation.