Bitcoin’s Reversal Pattern Signals Potential Breakout Above $100K

Bitcoin’s recent price action reveals a potential reversal pattern, signaling a surge toward the crucial $100K-$102K range. This is accompanied by significant anticipation for market movements as traders brace for possible triggers of large-scale liquidation. Analysts attribute this bullish movement to expanding DeFi applications and increasing institutional investments. A strong breakout above $102K could unleash nearly $16 billion in forced liquidations, potentially accelerating a squeeze in the market.