"Bitcoin is currently in a strong uptrend, consolidating within a descending broadening wedge. This pattern is consistent with BTC's historical behavior, where the cryptocurrency often consolidates after a strong rally. As seen in previous instances, a successful breakout from this consolidation phase typically leads to a robust bullish wave.
Based on this chart pattern and BTC's historical data, it's likely that Bitcoin will easily surpass $100,000 after a successful breakout. The current consolidation phase is a normal market behavior, and the impending breakout could catalyze a significant price surge keep eyes on btc for breakout