This chart shows a potential ascending triangle pattern forming for #Bitcoin ($BTC ). The price has been consolidating near the $96,000 level, finding support on a rising trendline, while facing resistance around $97,000. This setup often indicates a continuation of the uptrend, as buyers gradually push the price higher.
If Bitcoin can break and hold above the $97,000 resistance, it could signal a further rally, possibly targeting the $100,000 mark or beyond. However, a failure to break out and a drop below the trendline could mean a pullback to previous support levels. Traders should watch for a breakout or breakdown to confirm the next move.
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