$BTC Hello traders, I would like to share my opinion on Bitcoin. Recently, the price was trading within a price range, where it quickly entered the selling zone and stayed near it for a while. Bitcoin tried to rise but failed, and after approaching the upper limit of the range, it dropped sharply. The price broke the 94000 level and exited the range as well, then dropped to the support level, which aligns with the buying zone. Shortly afterward, the price surged strongly towards the resistance level before starting to decline within a descending triangle pattern. Inside this pattern, Bitcoin initially corrected, then rose to the triangle's resistance line, and then resumed its decline. Eventually, the price dropped to the support level of 78900, where it touched the triangle's support line and then started to rise. Currently, the price of Bitcoin continues to rise near this level, and I expect it to bounce off the triangle's support line and break the resistance level, indicating its exit from the pattern. If this happens, I expect further increases, so I am targeting 90,000 points.
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