$BTC The Bitcoin price is currently showing bullish momentum, moving within a short-term ascending price channel after breaking out of a descending triangle. Notably, the price has broken above the minor resistance level of $102,900, which supports the continuation of the expected uptrend in the intraday and short-term.

Support and Resistance Levels:

Support:

$100,150: Represents a critical support floor that was recently tested.

$96,000: A breakout above this level could result in a further decline to $93,642.

Resistance:

$104,000: A breakout above this level could push the price to $108,000 and then $110,124.

$108,350.45: This would be a key target to look forward to if the bullish momentum continues.

Sustained positive momentum could push the price towards $104,000 as the primary target, with a target of $110,000 if it stabilizes above $102,900. However, the $100,150 support level should be watched; a break below this level could result in a downward correction towards $96,000.