$BTC DAILY CHART ANALYSIS

#Bitcoin is forming a bullish pennant on the daily timeframe — a high-probability continuation pattern after a strong uptrend. It's a classic consolidation structure before the next breakout leg.

• Key Chart Highlights

The flagpole started around ~$82K and pushed toward ~$112K

Since then, price has been compressing into a tight pennant range

Current price is hovering near ~$104.9K

Breakout zone lies above ~$108K

~ What to Expect:

Breakout above $108K-$110K = momentum

explosion

...

Measured move target from the flagpole projects upside toward $125K-$130K

Structure remains bullish unless price breaks below $100K trendline

Caution: If Bitcoin breaks below the pennant support (-$100K), we could see a retest of

$96K-$92K

Low volume during consolidation is normal — watch for a volume spike on breakout

Bitcoin is coiling for a move. A breakout is brewing — eyes on the $108K resistance. Keep your alerts ready hl