The Bitcoin price is currently undergoing a correction after nearing $100,000, but technical analysis suggests a bullish pattern is forming. A bullish pennant has emerged on the 3-day candlestick chart, indicating potential for a breakout beyond $100,000 to reach a target price of $145,000. The recent correction saw Bitcoin hitting a low of $91,000 as traders took profit. Analysts, including Trader Tardigrade and Tony Severino, have also highlighted the possibility of reaching the $145,000 price target. The BTC price is currently trading at $96,070, and the upcoming largest monthly options expiry event could provide the catalyst needed to push Bitcoin past $100,000 in the coming week.



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