Bitcoin’s Path to $100K : A Bullish Breakout Looms
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Bitcoin is forming an ascending triangle, a bullish pattern that often signals a continuation of upward momentum. Currently trading within the pattern, BTC is poised for a potential breakout. A successful breakout above the triangle could lead to a surge toward the **$100K** target.
- Trade Setup :
- Entry Range : Current Market Price (CMP) and add more up to **$90K**.
- Target : **$100K**
- Stop-Loss : Hourly candle close below **$89K**.
Conclusion :
BTC is gearing up for a strong bullish move. The ascending triangle pattern suggests that a breakout is imminent, potentially taking Bitcoin to the coveted **$100K** level.
Advice :
Watch for confirmation of the breakout above the triangle, and consider entering at current levels or near **$90K** with a stop-loss below **$89K**. Stay tuned for further updates as Bitcoin eyes six figures!