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🚨Bitcoin is forming an Ascending Triangle Structure.
Price is making higher lows along a rising support line, while repeatedly getting rejected near the $95K resistance zone.
Resistance: $95,000
Support: $86,000
• Rising support remains intact
• Sellers defending resistance
• Compression suggests a volatility expansion is near
A daily close above resistance would likely trigger a strong upside move.
Failure to hold the rising support would delay the breakout
Market is coiling, and soon we may see directional move.