#BTC

On 1H, the bitcoin movement has grown into a weekly consolidation and graphically looks quite breakout.

As the next target at the top, if it breaks through, we can use the resistance of the ascending local channel, which has been forming for a week. And, looking at the current trend, the next stop could be $97K-98K, which will also depend on the speed. This growth idea will become irrelevant if the price falls under the ascending local support of the triangle, below $90K. In this case, we can see a correction to at least $85K (the upper limit of the imbalance on 1D), and then lower to cover it.