As per Cryptofrontnews, Bitcoin is currently trading within a Descending Broadening Wedge on the 4H chart, with the price approaching the $100,000 resistance level. The pattern shows expanding volatility, and a sharp rebound from the wedge’s lower boundary has pushed BTC toward the $93,000–$94,000 zone. Analysts suggest that a break above $100,000 could trigger a bullish rally in December, supported by expectations of rate cuts from major banks like J.P. Morgan and Goldman Sachs.
Bitcoin Trapped in Descending Broadening Wedge, Eyes $100K Resistance
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