On the 4-hour chart, $BTC has meticulously crafted a descending triangle pattern. While often seen as bearish, in this context, positioned after a significant uptrend and with current market sentiment, it functions as a potent continuation pattern – a coiling spring about to release massive energy. The flat support at $116,128 has been rigorously tested, and now the converging trendlines suggest a decisive break is just around the corner.

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