#BTC Update:
$BTC played out closely to expectations, forming a potential double-bottom structure around the local support levels despite missing the lower major entry zone. $BTC faced another rejection at the ascending trendline resistance, keeping market action range-bound for now.
Once $BTC breaks through and decisively flips this trendline resistance into support, I expect momentum to accelerate toward the $90,000 target. Until that breakout confirmation occurs, expect chop and consolidation across the market.
$BTC played out closely to expectations, forming a potential double-bottom structure around the local support levels despite missing the lower major entry zone. $BTC faced another rejection at the ascending trendline resistance, keeping market action range-bound for now.
Once $BTC breaks through and decisively flips this trendline resistance into support, I expect momentum to accelerate toward the $90,000 target. Until that breakout confirmation occurs, expect chop and consolidation across the market.