Price forecast for $BTC : $100,000 may just be the beginning

From a technical standpoint, the price of Bitcoin is moving within a symmetrical triangle on the 4-hour chart. The symmetrical triangle suggests a period of consolidation, where the price narrows between converging lines before a breakout either upwards or downwards.

The Chaikin Money Flow (CMF) indicator is in the positive zone, indicating strong buying pressure. If the trend continues and major market participants continue to accumulate assets, the price of BTC could rise to $103,649 or even $110,000.

However, increased selling pressure could trigger a correction towards $93,378.$DOGE $SHIB #2024withBinance