$BTC

Solid at the buying area.

The multiple impulses from this level, along with the strong support at the current support area, pushed the price upward, with bullish momentum clearly dominating.

After breaking through the previous resistance area and retesting it, the price began to rise strongly.

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

Bitcoin is now trading above the 93,700 level, consolidating 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 perfectly aligns with the upper limit of the wedge and represents the first profit target.