Bitcoin

BITCOIN (BTCUSD): Will We Test 100k Support Soon?

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After a strong uptrend last week, ⚠️Bitcoin has paused its growth and is now consolidating. A familiar bullish pattern, an ascending triangle, is forming on the 4-hour chart.

Currently, the neckline of this pattern is being tested. If there is a breakout above 96,000 and a 4-hour candle closes above this level, it could signal a continuation of the bullish trend.

The price may rise to 68,000 and potentially test the resistance at 100,000.

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