Bitcoin futures are charging near $93,996 after breaking out of a tight ascending triangle pattern, posting a +3.74% gain on the 4-hour chart. This breakout above previous swing highs suggests a strong bullish continuation, with immediate upside potential around $96,287 if momentum holds. Support near $90,512 has held firm, providing a stable foundation for this rally. BTC is now testing crucial psychological levels, and the market is signaling that further upside could be imminent, making this a critical moment for traders seeking to capitalize on the next leg higher.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
𝗕𝗶𝘁𝗰𝗼𝗶𝗻 ($𝗕𝗧𝗖) 𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 - 𝗘𝘆𝗲𝘀 𝗼𝗻 $𝟭𝟬𝟬𝗸
Bitcoin futures are charging near $93,996 after breaking out of a tight ascending triangle pattern, posting a +3.74% gain on the 4-hour chart. This breakout above previous swing highs suggests a strong bullish continuation, with immediate upside potential around $96,287 if momentum holds. Support near $90,512 has held firm, providing a stable foundation for this rally. BTC is now testing crucial psychological levels, and the market is signaling that further upside could be imminent, making this a critical moment for traders seeking to capitalize on the next leg higher.
$BTC
#DecemberMarketOutlook