Bitcoin Consolidates Before Potential Breakout
BTCUSDT is trading within a consolidation range near $91,500 after testing key support at $90,000. The price action shows signs of a cup-and-handle pattern, indicating a potential bullish breakout.
If BTC breaks above the $92,850 resistance level, it may rally toward $95,985, the next major target. On the downside, any rejection near resistance could lead to a retest of the support zone around $90,000. Traders should watch for a decisive breakout above the resistance to confirm the bullish momentum.
If BTC breaks above the $92,850 resistance level, it may rally toward $95,985, the next major target. On the downside, any rejection near resistance could lead to a retest of the support zone around $90,000. Traders should watch for a decisive breakout above the resistance to confirm the bullish momentum.
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