After the sharp rebound from the 67.5 low, price formed a strong impulse leg up, then moved into a tight bullish pennant range. The key detail here: each pullback is getting shallower, but buyers are also not strong enough yet to force a breakout.
This tells us momentum is paused, not reversed.
The structure shows:
Higher lows are still intact
Upper trendline is being respected
Volume + volatility are contracting → breakout energy building
This is a decision zone, not an entry-chasing zone.
🔼 Bullish scenario : A clean break and hold above 88–90 can trigger continuation toward: 96 , 102 & 110 (if momentum expands)
🔽 Loosing of 82 with acceptance breaks the pennant and opens downside toward 76 → 72.
Support: 84 / 82
Resistance: 88 / 90
Patience wins here. Let price choose the direction.
That’s Michael Saylor’s message — and it says everything.
Even with $BTC around ~$71.2K, even with ~713,500 BTC on the books, even with ~$3.5–4B in unrealized losses as price sits below the ~$76K average cost…
👉 Saylor still wants to buy more #Bitcoin
No excuses. No panic selling. No change in strategy.