【best new crypto projects reddit】Bitcoin Charts Signal Imminent Move: Is a $100,000 Target Realistic?

【best new crypto projects reddit】Bitcoin Charts Signal Imminent Move: Is a $100,000 Target Realistic?

• Currently,best new crypto projects reddit BTC/USD is in a symmetrical triangle and therefore with high probability a breakout will happen in either direction.
• Levels to check are $93 200 is supporting and $96 500 is the resistance.
• The corresponding effect of the breakout may depend on external factors such as macroeconomic data.

Bitcoin (BTC), is in the process of building an enclosed symmetrical triangle on the four-hour chart. Due to these occurrences, market participants have been led to expect that a giant movement on price is expected in the near future. Looking at the current chart, there is rough evidence that the Bitcoin price is approaching an important level that might trigger the future pattern of directions.

It points to the fact that the price is contained within an increasingly tightening range. With Bitcoin, the apex of the triangle implies that a definitive breakout is due, perhaps in the next few days.