Bitcoin's falling wedge pattern appears to have completed its formation. The question now is whether we'll see a breakout toward new yearly highs.

The setup looks promising—as long as price holds above the breakout level, we're tracking toward $107k as the next major target. Chart-wise, this level represents a natural resistance zone worth monitoring closely.

One thing to watch: confirmation of the breakout will be key. Until we see sustained movement above that critical point, it's best to stay cautious and let the price action speak for itself.