Why Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $35K

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Bitcoin price made another attempt to clear $35,000, but it failed against the US Dollar. BTC is currently consolidating above the $33,000 support zone, with a few positive signs.

Bitcoin is still facing a strong resistance near the $34,850 and $35,000 levels.
The price is currently holding the key $33,000 support level and testing the 100 hourly simple moving average.
There is a key contracting triangle forming with resistance near $34,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could make another attempt to surpass $35,000 if it clears the $34,500 resistance level. Source