Dear Bitcoin, is't about time...

For over a month, Bitcoin's price action has been rather frustrating, as it has remained stuck in a range. The key support level is clearly at 90k, while resistance is around 108k.

Recently, the price tested the resistance level again and has since entered another consolidation phase.
On the positive side, this consolidation appears to be a buildup, potentially signaling an imminent breakout above 110k.

As long as the price holds above 100k, we can reasonably expect this breakout to happen sooner rather than later.
As I’ve mentioned before, the target level for this move is around 130k.