Bitcoin ($BTC ) is currently trading at $105,366, exhibiting a slight increase of 0.02%. The intraday high and low are $106,809 and $104,982, respectively.
On the 15-minute chart, $BTC is forming an ascending triangle, a bullish continuation pattern characterized by a flat upper resistance line and a rising lower support line. This pattern indicates increasing buying pressure and suggests a potential breakout to the upside
A confirmed breakout above the resistance level, particularly beyond $106,767, could signal a significant upward move, with potential targets around $109,000 or higher. Traders should watch for increased volume accompanying the breakout to validate the move.