#Bitcoin Extension from 20W SMA 📈 📝 The chart shows the current extension at 0.14. This metric tracks how far price deviates from its 20-week average, signaling when the market gets overstretched. 📍 Historically, extreme spikes toward 0.60 preceded major local tops. At current levels, the market is positioned in a sustainable markup phase, far from the overheated zones seen in previous cycles. 💡 Consolidation near 0.14 suggests healthy demand. As long as this extension remains stable, the structure supports further upside toward the key supply shelf at 83K. $BTC
