Bitcoin is currently in a very interesting stage — multiple signals are pointing to an upcoming significant breakthrough. Looking at the candlestick chart, the classic ascending triangle pattern is already forming, which is actually a sign of bulls accumulating strength.



Recently, the market has been quite volatile, which has indeed been a bit frustrating, and many people's moods have become restless. But when viewed in the long term, the overall direction remains quite solid. The policy outlook in the US is favorable, and the acceptance of cryptocurrencies is also increasing. These are all long-term supporting factors.

Right now, the market is seeing a tug-of-war between bulls and bears. In the short term, there is also some overbought pressure, but this kind of adjustment is a normal pause in a bull market. It’s not a trend reversal; it’s just taking a breather. Although there are differing opinions on capital flow, the optimistic voices still dominate.

**Technical figures:** The current price is at 93,808.4 USDT. The support level is at 91,700.6, about 2.01% below the current price.

**Trading idea:** If the price approaches the support level, consider placing a long order there, and set a stop-loss if it breaks below support. For investors who haven't entered the market yet, waiting for a pullback before buying is also a safe approach — better to be cautious.
BTC2,92%
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Anon32942vip
· 12h ago
The ascending triangle is back. Will it really break this time or is it just another scam? I keep hearing this explanation, always saying it will break through, but it just ends up lingering here.
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AirdropJunkievip
· 12h ago
The ascending triangle pattern is a signal to get in. This time, I really feel it's different.
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SchroedingerMinervip
· 12h ago
The rising triangle theory always tricks me into entering the market, and here it comes again haha
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rugdoc.ethvip
· 13h ago
The concept of the ascending triangle is quite familiar, but the key is whether it can truly break out; otherwise, it's just another "wolf is coming" scenario.
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TokenomicsDetectivevip
· 13h ago
The ascending triangle is back again. This routine always says it will break out, but in the end... it still depends on the situation over in the US.
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