According to Trader Tardigrade (@TATrader_Alan), Bitcoin has formed an ascending triangle pattern on the H4 chart, indicating a bullish setup with a potential breakout level approaching. The analysis suggests that if Bitcoin breaks above the resistance, the price could rapidly target the $99,000 level. This chart pattern is commonly associated with strong upward momentum, making it a critical formation for traders to watch for entry and exit points. Source: Trader Tardigrade on Twitter, April 30, 2025.

According to @doctortraderr, Bitcoin (BTC) has clearly broken below its high time frame (HTF) range and is consolidating below the range low. This setup suggests that any upward movement from the current levels presents a short opportunity, with targets set towards $77k to $78k. The analysis is based on the rally from $15k to $110k, indicating a significant market movement that traders should monitor closely for potential short positions.