$BTC is starting to look interesting again.
Price has found its way back into an uptrend and is now moving inside a rising channel. After the strong move from the lows, BTC is consolidating instead of giving back the whole rally.
That’s the part I’m watching.
If this channel holds and buyers keep defending the higher lows, the next push could take BTC toward the previous high around $82K–$83K. A clean break above that area would finally give us a fresh Higher High and could open the door for another strong leg up.
The setup looks bullish, but I’m not chasing candles here. The channel needs to hold, and BTC needs to prove that buyers are still in control.
One breakout can change the whole chart.
$BTC may be getting ready for the next move.
Price has found its way back into an uptrend and is now moving inside a rising channel. After the strong move from the lows, BTC is consolidating instead of giving back the whole rally.
That’s the part I’m watching.
If this channel holds and buyers keep defending the higher lows, the next push could take BTC toward the previous high around $82K–$83K. A clean break above that area would finally give us a fresh Higher High and could open the door for another strong leg up.
The setup looks bullish, but I’m not chasing candles here. The channel needs to hold, and BTC needs to prove that buyers are still in control.
One breakout can change the whole chart.
$BTC may be getting ready for the next move.
