$BTC I see Bitcoin forming an ascending triangle pattern after the December correction, which raises the odds of BTC price undergoing a breakout toward $112,00 in the coming weeks.
An ascending triangle is defined by rising lows and a flat resistance level. In simple terms, sellers are defending a clear ceiling, but each pullback is being bought at higher prices. That behavior signals growing demand and shrinking selling pressure.
Applying the standard measured-move projection, the height of the triangle added to the breakout level, places a potential upside target near $112,000 in the months ahead, assuming broader market conditions remain supportive.
A similar bullish reversal pattern played out in April 2025, when Bitcoin formed a classic double-bottom setup that ultimately led to a 65–70% rally.
If the current ascending triangle resolves higher and BTC first claims the $112,000 measured target, the odds of a similar momentum expansion will be higher.
In that scenario, the breakout would open the door to an extended move toward the $150,000 area as trend acceleration and follow-through buying kick in.
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