Zooming into the 4H chart, BTC is forming a clear ascending triangle between $80K and $95K. This kind of structure often resolves upward, but only if volume and momentum support the breakout. Right now, the breakout attempts near $94K keep getting rejected.
There is a tightening squeeze between the trendline support and horizontal resistance, and the price is nearing the apex. So a breakout or breakdown is likely within the next few sessions.
Buyers would want to see a clean breakout above $95K with volume to target the $100K zone. Sellers, on the other hand, would look to a break below the ascending trendline, aiming for a retest of $85K or even the critical $80K area.
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