Bitcoin's price has been consolidating around its all-time high after a surge of over 30%. The market is struggling to break past $92K, but many investors believe it is only a matter of time before BTC trades above $100,000. The 4-hour chart shows a symmetrical triangle pattern around $90K, which could be a continuation or reversal pattern depending on the breakout direction. Even if there is a downside breakout, it is expected to be a short-term correction as long as the $80K support level holds. The Bitcoin Short-Term Holder SOPR indicates that short-term market participants are realizing profits less aggressively, suggesting Bitcoin will rally higher in the near term.



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