$BTC is shaping up for a decisive move, forming an ascending triangle pattern with a well-defined resistance at the horizontal supply zone
The 100-day moving average is offering solid support below, helping buyers sustain momentum despite persistent overhead resistance
A breakout above this resistance zone could unleash a powerful upward surge, potentially aiming for a target of $80,000. On the flip side, a breakdown below the triangle support and the moving averages could indicate a bearish reversal, turning the trend downward and challenging the bullish outlook
The coming days could be pivotal, with high volatility likely on the horizon as Bitcoin approaches a critical juncture
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