Clear impulsive movement, supported by a solid base at the buying area.

Multiple pushes from this level, along with steady support at the current support area, have driven the price up, with bullish momentum clearly in control.

After breaking through the previous resistance area and retesting it, the price began a strong upward movement.

This movement aligns with a wedge pattern, where the trend lines are narrowing upwards, indicating that buyers are steadily pushing the price higher while sellers become more aggressive, a pattern that often leads to a sudden breakout if resistance is breached.

Bitcoin is now trading above 93,700, holding just below the wedge resistance line. Based on the wedge geometry and the strong impulse structure that preceded it, I expect the price to continue rising and test the 100,000 level, which aligns perfectly with the upper limit of the wedge and represents the first profit target.