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$BTC trades within a symmetrical triangle pattern formed by two converging trendlines on the daily chart.
If Bitcoin secures a decisive close above $92,202, it would confirm the breakout of the triangle pattern. In such a case, the November 15 high at $96,846 and at $101,029 could serve as potential resistance levels.
The Relative Strength Index (RSI) at 53 is pointing upwards after crossing the halfway line, suggesting that buying pressure is on the rise. Additionally, the Moving Average Convergence Divergence (MACD) is approaching the zero line, indicating that bullish momentum is strengthening.