Bitcoin’s $105K Triangle Squeeze Hints at 6% Rally—Here’s What Charts Say
Bitcoin’s coiled like a spring—and three technical charts suggest it’s ready to snap upward. A symmetrical triangle pattern at $105,000 signals a potential 6% breakout, leaving traders scrambling to front-run the move.
Forget ’hodling’—this is a textbook technical play. The squeeze mirrors pre-pump patterns from Bitcoin’s past, though skeptics might note that triangles break both ways (ask any bagholder from the 2021 double-top).
Whether this marks the start of a fresh leg up or just another fakeout for overleveraged degens, one thing’s clear: When BTC starts threading these formations, volatility follows. Buckle up.
Bitcoin Key Technical Indicators Signals Flash Green
The current technical landscape strongly favors the bulls:
What’s particularly telling is the volume profile during this consolidation. Trading volume has steadily decreased as the pattern forms, exactly what technical analysts want to see before a breakout. This declining volume confirms the pattern’s validity and suggests accumulation rather than distribution.
Smart Money’s Triangle Trading Playbook: Bitcoin Breakout Ahead?
For the moment, Bitcoin price prediction remains neutral, given the symmetrical triangle pattern, keeping BTC in a narrow range. For traders looking to capitalize on this high-probability setup, the strategy is surprisingly straightforward, though timing is everything.
The classic entry point comes on a confirmed breakout above $106,767, with most professionals requiring both price action and volume confirmation. The typical target, measured by projecting the triangle’s height from the breakout point, suggests a MOVE toward $109,000.
#Bitcoin $105K Triangle Squeeze: 6% Rally on Deck?
Symmetrical triangle NEAR $105K
RSI divergence + bullish MACD crossover
50 EMA = strong supportDeclining volume = pre-breakout signal
Target: $109K on breakout above $106,767
Smart money’s watching. Are you? pic.twitter.com/gWJt8cR7S9
Smart money places stops just below the most recent swing low at $104,098, tight enough to quickly invalidate the trade if wrong, but with enough room to avoid getting shaken out by normal market noise.
With institutional players like Sber launching Bitcoin-linked bonds and Strategy (formerly MicroStrategy) raising another $250M for BTC purchases, the fundamental backdrop supports what the charts are telling us: Bitcoin’s next leg up may be closer than many realize.
BTC Bull Token Presale Nears $7.8M Cap as 61% APY Staking Attracts Investors
With BTC/USD trading near $105K, attention is rapidly shifting to altcoins, especially BTC Bull Token ($BTCBULL). As of today, the presale has raised $6,772,528.93 out of a $7,789,647 cap, with just over $1 million left before the next price hike.
BTC-Pegged Rewards and Supply Burns Drive Scarcity
BTC Bull Token’s innovative mechanism ties rewards directly to Bitcoin’s price. Here’s how it works:
- BTC Airdrops: Token holders receive BTC rewards, with presale participants enjoying priority.
- Supply Reductions: For every $50,000 increase in BTC’s price, a portion of $BTCBULL is burned, reducing overall supply and supporting token value.
- Current Token Price: $0.002545, poised to rise as the cap nears.
This approach blends dynamic rewards with built-in scarcity, aligning $BTCBULL’s value with Bitcoin’s performance.
61% APY Staking Pool Without Lockups
BTC Bull Token’s staking pool offers an enticing 61% APY, currently holding 1,731,936,103 $BTCBULL. The key benefits include:
- No Lockups or Fees: Investors can stake and unstake their tokens freely without incurring penalties.
- Full Liquidity: Access funds anytime, unlike typical DeFi lockups.
- Consistent Yields: Passive income for token holders, independent of market conditions.
This structure appeals to both seasoned DeFi investors and newcomers seeking yield without complex terms.
Momentum Builds Ahead of Presale Cap
With less than $1 million left before the presale closes, buyers are moving fast. BTCBULL’s combination of BTC-tied rewards, strategic burns, and high-yield staking is driving participation. The presale offers an opportunity to enter before the subsequent price increase, especially as BTC’s price action intensifies.
- USDT Raised: $6,772,528.93 / $7,789,647
- Token Price: $0.002545
- Total Staking Pool: 1.73 billion $BTCBULL
- Staking APY: ~61%
BTCBULL Token’s innovative model is attracting attention as it nears its hard cap. The presale window is closing quickly, making this the last chance to secure the current price before the subsequent price increase.
