Bitcoin continues to trade within the broadening wedge pattern, maintaining a bullish outlook as the market eyes key levels. The immediate challenge lies at the $99,600 zone, which serves as a critical resistance. A breakout above this level would signal a continuation of the uptrend and pave the way for higher targets.
The plan remains to re-accumulate within the current range, using the resistance zone as a focal point for breakout confirmation. Upon successfully clearing $99,600, Bitcoin is poised to rally toward the $115,000โ$117,000 zone, marking the next major bullish target. This setup aligns with broader market expectations, signaling significant upside potential.
As always, market conditions should be monitored closely for any changes in structure or sentiment. Let us know your thoughts on this view and how youโre approaching the current Bitcoin landscape.
Trade at your own Risk ๐
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