Bitcoin (BTC) currently trades at $84,657.78, experiencing a slight daily dip of 0.18%. The daily chart reveals a consolidation zone between $78,000 and $88,000, with the price hovering near its 20-day simple moving average (SMA) at $82,930.39. The Bollinger Bands are tightening, indicating compressed volatility—a classic precursor to a breakout. While market activity remains uncertain, this squeeze pattern often precedes decisive action. 4-hour chart analysis reveals a textbook ascending triangle pattern. Higher lows continue to form while resistance at $86,000 limits the upper boundary. The expanding Bollinger Bands suggest an increase in volatility is imminent. The MACD indicates gradual bullish momentum on the daily timeframe, but it remains subtle. Traders should watch for volume surges to confirm buying pressure and signal a potential breakout above current resistance. A sustained move above $86,000 could potentially propel Bitcoin towards $90,000 and beyond. 30-minute timeframes show short-term consolidation between $84,400 and $85,200, suggesting an accumulation phase. The Bollinger Bands are compressed, hinting at a potential breakout in the near future. Meanwhile, the MACD has dipped slightly, indicating a minor dip before a possible rally.