Bitcoin has crossed the $100K mark and is showing signs of renewed market optimism. Analysts are closely watching Bitcoin's price action as it forms a symmetrical triangle pattern, which could signal a significant price movement. The next few days will be critical for Bitcoin's short-term trajectory. While investors are optimistic, they also remain cautious as Bitcoin's momentum could go either way. The current breakout above $100K has fueled optimism for a bullish year ahead, but there are risks involved, and any loss of current levels could result in a significant pullback. Analyst Carl Runefelt has outlined key price targets and emphasized the need for caution during this pivotal period. Bitcoin is currently trading at around $101,400 and needs to push higher to assert full control and break through key resistance levels. Failure to hold above $100K could result in a consolidation phase.



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