$BTC reached $100,681, slightly piercing the resistance level, after which it retraced. The price channel breakout has not yet occurred — the test confirmed the strength of the resistance. If volumes do not start to increase, a retracement to $95,000 is likely.
In case of increased volumes, a breakout of resistance, and subsequent retest, the resistance line should become support. This will signal a rise aiming to update the previous high of $BTC at the level of $102,724.
This is not financial advice. All decisions are made at your own risk. Trade wisely and profit!