According to crypto analyst BigMike7335, Bitcoin is currently forming a wave 4 triangle pattern on its chart, indicating a potential breakout to $106,951 before a correction. The chart shows a well-defined ABCDE corrective wave, with price action coiling within a contracting structure. Momentum indicators suggest a coming shift, and traders should prepare for high volatility as Bitcoin nears the apex of the formation. Historically, Bitcoin tends to trap liquidity within corrective waves before making explosive moves, indicating both bulls and bears may face short-term frustration. The next move of Bitcoin will determine whether the wave structure holds or a deeper correction unfolds.



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