Bitcoin (BTC) has been moving sideways in a tight range for the last 7 days ā and today marks the 8th day. On the 1H time frame, a symmetrical triangle pattern is forming, suggesting that BTC is preparing for a massive breakout ā either to the upside or downside.
Letās break it down:
On the daily time frame, we previously saw a breakout from a falling wedge pattern, which has now been retested.
Since then, BTC has been consolidating between $94,800, showing signs of a possible continuation move.
The target of the falling wedge breakout is still active: $110,000.
But hereās the caution:
Thereās a CME gap at $92,000 and a Fair Value Gap (FVG) between $90,000ā$89,000, which should not be ignored.
Now zooming into the 1H time frame:
BTC has shown a bearish change of character, and unless we get a clear close above $95,500, this bearish bias remains valid.
If price closes above $95,500, the symmetrical triangle would break to the upside, aligning with the bullish structure on higher time frames.
My expectation? Iām personally anticipating a bullish breakout, with BTC pushing above $95,500. But keep an eye on the $97,000ā$99,500 zone ā thatās a strong resistance area on the 4H chart, and we may face some pullback there. If that level is cleared, then the daily structure points toward BTC testing $110,000 in the coming weeks.
Keep in mind: We still need to respect the lower gaps around $90K, as those levels may attract price before the major move.
Let the breakout decide ā but momentum is building.
Not financial advice. Always do your own research.
ā”ļø LATEST: Vitalik shares his personal area of focus in 2025, focusing on Ethereum's L1 development including single-slot finality, statelessness, enhanced privacy and decentralized infrastructure.
He also expects to dedicate his attention to improving communication tools, information sharing, and the social layer surrounding Ethereum. #Trump100Days #BinanceAlphaAlert
Historic U.S.āUkraine Deal Secures Critical Minerals and Paves the Way for Massive Reconstruction Investment. The deal signals a deepening of economic and diplomatic ties between the two nations, with long-term benefits for energy independence, national security, and post-war recovery.
šŗšø LATEST: Senator Lummis says that in his first 100 days, Trump brought accountability to Operation Chokepoint 2.0 and appointed a crypto czar.
He also hosted a White House crypto summit, created a strategic Bitcoin reserve, and declared the U.S. the crypto capital of the world. #BinanceAlphaAlert #Trump100Days
Corporations added over 80,000 #BTC to reserves in April alone ā That's over 6,000 more Bitcoin acquired than in Q1 2025, in a single month! š¤Æšš°
Q2 2025 is going to be HUGE for #Bitcoin šš„š®
NEW: The š¬š§ UK has unveiled a draft of exciting new crypto regulations! These proposals cover key areas like operating trading exchanges and issuing stablecoins. Big moves ahead for the UK crypto space! #CryptoNews #UKCrypto #RegulationUpdate
Login to explore more contents
Explore the latest crypto news
ā”ļø Be a part of the latests discussions in crypto