Good morning, everyone ⛅️
It's certainly encouraging to witness the favorable price movement occurring near the lower boundary of the smaller trading range. Now, the focus for the bulls appears to be overcoming the Weekly Naked Point of Control (nPOC), which continues to act as a resistance level. This challenge will likely be a key factor in determining the next directional move for Bitcoin ($BTC ). Keep a close eye on these developments and how they shape the market sentiment in the coming days.
Furthermore, this favorable price reaction was accompanied by a notable increase in trading volume, which often indicates strong market participation and conviction among traders.
Wishing everyone a fantastic day and successful trading and investment ahead!