Bitcoin ($BTC ) continues to show strong bullish momentum as price consolidates above key technical support. With the market structure remaining intact and buyers actively defending dips, BTCUSDT is positioned for a potential move toward the $116,500 level.
At the time of writing, Bitcoin is trading near $96,500, holding above a rising trendline that has guided price action throughout the recent uptrend.
Technical Structure Supports Upside
BTCUSDT is forming a classic ascending trendline, a pattern that reflects increasing demand at higher price levels. This structure often signals the continuation of an uptrend rather than a reversal.
Additionally, Bitcoin has already broken above a previous resistance zone and successfully turned it into support, confirming a bullish breakout. Such breakouts typically attract further buying interest as traders look to enter on pullbacks.$BNB #MarketRebound #BTC100kNext? 
