Bitcoin's ascending triangle setup just broke to the upside, and the retest pattern suggests a clear path toward the $112K region. This isn't speculation—the technicals are laying it out pretty straightforwardly. The chart structure shows solid support holding through multiple touches, with resistance levels tightening as the triangle narrows. A confirmed break above the upper trendline typically validates this kind of setup, pointing buyers toward that $112K zone as the natural target. Pure chart reading, nothing more.
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Bitcoin's ascending triangle setup just broke to the upside, and the retest pattern suggests a clear path toward the $112K region. This isn't speculation—the technicals are laying it out pretty straightforwardly. The chart structure shows solid support holding through multiple touches, with resistance levels tightening as the triangle narrows. A confirmed break above the upper trendline typically validates this kind of setup, pointing buyers toward that $112K zone as the natural target. Pure chart reading, nothing more.