$btc is facing resistance at a key position. It seems we will know the outcome between 5 AM and 7 AM.
$BTC $ETH are both rallying in a relay. The 4-hour chart is about to reach the end of the triangle.
The upper resistance is at 118,800. If it breaks through, it will continue to target the 120,000 position.
If it can't break through, it will continue to oscillate within the triangle. A drop below 116,400 will lead to a decline.
During this time, BTC's market share is approaching 60%. Most people are converting their BTC holdings into stronger coins like XRP, UNI, ADA, SUI, ETH, and other altcoins.
It just dropped right after it was released. Truly magical.
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