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Bitcoin (BTC) Dips to $89,405, Testing Key Support Amid Ascending Triangle Pattern

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BTC
$88,283.200.02%
BTC price dipped to $89,405 on the 4H chart, testing a key support level as the ascending triangle pattern takes shape. The price retreated from a high of $94,477, with the $89K–$90K range now in focus. A rebound from this support level could confirm the bullish trend. A move above $94,500 and the 250-period MA at $95,463 may push BTC price toward $108,000. Traders are watching if buyers can hold the rising trendline.
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