$BTC is currently showing moderate bullish momentum, with price action forming higher highs and higher lows on the recent candles. This structure suggests buyers are still in control, although momentum appears to be slowing near resistance zones.
Trend: Short-term bullish
Market Structure: Higher lows indicate accumulation
Momentum: Healthy, but signs of consolidation
Key Resistance: Near recent swing highs
Key Support: Previous breakout zone and moving average area
If Bitcoin holds above its support, a continuation toward higher levels is possible. However, rejection near resistance could lead to a short-term pullback or sideways consolidation before the next move.
📊 Note: The candlestick chart shown above is illustrative, not real-time market data, and is meant for visual understanding only.
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