Bitcoin's price has been volatile, causing uncertainty for newcomers. However, there are indications that another rally could be imminent. On the daily chart, a falling wedge pattern is forming, and if the price breaks out above it, a significant rally could occur, potentially reaching $120K. On the 4-hour timeframe, there are signs of a new bullish phase, with Bitcoin rebounding from a drop below $90K and creating higher highs. In the futures market, the dominance of sellers has halted Bitcoin's bullish run, as indicated by a downturn in the taker buy-sell ratio.



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