- BTC broke the wedge and targets the $96K–$102K zone.
- Bulls dominate across hourly, daily, and weekly charts.
- Confirmation next week could trigger a midterm rally.
Bitcoin — BTC , smashed through a stubborn resistance, and the bulls are loving every second. After weeks of sluggish movement and false starts, this breakout feels like a breath of fresh air. The move came fast, but not without warning. Patterns were forming. Tension was building. Now the market has a real shot at something huge. The only thing left is confirmation—next week’s candle could decide whether six figures become reality or fantasy.
Buyers Step Up as Momentum Builds
The long battle inside that descending broadening wedge is finally over. Bitcoin burst through the upper boundary with strength. That breakout isn’t just technical—it’s symbolic. Traders who’ve been waiting on the sidelines now have a reason to step in. CoinStats shows a healthy 3.42% gain in the past 24 hours. That percentage might seem small, but context matters. After reclaiming the $83,974 level, momentum accelerated fast. If today’s candle closes well above that resistance, price action could head toward $86,000 in short order.
The hourly chart shows bullish energy pouring in. Every dip finds support. Every small pullback gets absorbed. Bitcoin’s price wants higher ground, and the market seems ready to push. Zooming out to the daily time frame, sellers appear overwhelmed. Support levels continue holding firm, while resistance zones begin to crack. If this rhythm holds through the evening, expect a test of the $87,000–$88,000 region before long.
Bigger Picture: Can BTC Knock on the $100K Door?
Bitcoin’s weekly chart tells a story of growing confidence. Buyers are gaining control, and the pressure on the upper zones increases by the hour. If the weekly candle closes above $88,772, the stage is set for a midterm move to the $92,000–$96,000 range.
And from there? That’s where the magic might happen. The next zone to watch stretches between $96,200 and $102,100. Traders call that the “make-or-break” zone. Breaking above it could send Bitcoin flying toward six digits. But rejection there could trigger a sharp pullback. Everything hinges on follow-through and volume.
Right now, the market feels alive again. Price hovers around $84,636, but no one’s looking down. All eyes stare forward—toward potential, toward a milestone, toward the dream of $100K. Buyers hold the wheel. Momentum surges. The wedge is history. All that’s left? A strong finish—and maybe, just maybe, a new all-time high around the corner.
