Bitcoin appears to be gearing up for a positive upward trend. Analyzing the 4-hour time frame, I spotted a falling wedge pattern and a confirmed breakout above its upper boundary.
The final challenge for buyers lies at the 93,978 - 94,862 resistance level on the 4-hour chart.
If the bulls can surpass and close above this level, it will indicate a strong bullish signal. This could lead to a bullish continuation, potentially reaching at least 98,000.