Bitcoin Welcomes 'Breakthrough Moment': The $100,000 Target is Within Reach, Price Surge is Just Ahead!
Bitcoin (BTC) has recently broken through a key descending wedge pattern on its technical chart, indicating that bearish pressure is gradually fading and the market is preparing for a strong rebound. With the latest weekly closing price surpassing the $92,000 mark, BTC's upward momentum is beginning to accelerate, aiming for the psychological resistance level of $100,000!
Strong Support, Upward Momentum Cannot Be Underestimated
BTC is currently finding solid support in the $75,000 to $78,000 range, which played a significant resistance role during the rebound period in 2024. Experts predict that after breaking through the current resistance level, BTC could target even higher price levels, potentially reaching $100,000.
Momentum Indicators Suggest Prices Will Continue to Rise
Although short-term momentum appears slightly stable, the Relative Strength Index (RSI) and MACD signals indicate that the market is preparing for stronger upward momentum. Breaking through the $95,000 and $100,000 resistance levels could cause BTC prices to soar again, bringing substantial market returns!
Breakthrough Confirmation, Bullish Trend Becomes Increasingly Clear
As Bitcoin breaks through the descending wedge pattern and confirms key support levels, the technical outlook shows that prices still have strong upward potential. Market observers believe that as long as the support levels remain stable, Bitcoin's upward trend will continue, providing investors with an opportunity to seize this upcoming wave!