Bitcoin is consolidating within a symmetrical triangle pattern on the 4-hour chart, and a breakout is approaching! A strong move is expected soon.
Upper boundary of the triangle: Resistance around $97,500
Lower boundary of the triangle: Support at $94,500
Key Fibonacci levels: 0.618 ($99,074) and 0.786 ($97,080) acting as resistance
Targets:
Bullish breakout: $119,894
Bearish breakout: $71,494
Volume and market sentiment will play a crucial role in determining the breakout direction. Which way do you think BTC will go?