🚨 $BTC Poised for a Major Move – Triangle Pattern Nearing Breakout
#Bitcoin is gearing up for a big move as it tightens within a triangle pattern on the 4-hour chart. Price is currently trading between a descending red trendline (acting as resistance) and a solid green support zone between $116,000 and $117,000.
Buyers are actively defending the support, preventing any drop below $116,000, while sellers are pushing back at the red trendline, keeping Bitcoin from climbing higher. This tug-of-war has led to sideways movement — but the calm won't last.
The triangle is almost complete, and a decisive breakout or breakdown could occur at any moment.
✅ If BTC breaks above the red trendline with strong volume, a fresh rally may kick off, with $125,000 as the next key target and likely resistance.
❌ If it loses the green support zone, price could drop quickly, with the next major support at $111,000 — and if that fails, further downside is possible.
⚠️ This is a make-or-break zone for Bitcoin. Both bulls and bears are bracing for action.
Quick Summary:
🔺 Price is stuck inside a triangle
🟢 Support Zone: $116,000–$117,000
🔴 Resistance: Descending trendline
📈 Breakout → Target: $125,000
📉 Breakdown → Support: $111,000
A powerful move is brewing — traders should stay alert and ready. The breakout could be quick and significant. Big opportunity ahead!