#BTCPrediction BTCPrediction $BTC I suspect that the increase this morning is a massive spike. The price rose during both the American and Asian sessions (between 5-7 AM), which indicates that this likely does not come from institutions. The price has increased too sharply; I think if it increases, it should only reach around 95k-95k5, which is reasonable, but it has pushed all the way to 97.
According to technical analysis on the daily frame, it is a broken uptrend pattern and the price is testing the trendline, creating a double top pattern.