🆕 What changed The key level held through another close.
Key level: $83,823 ⚠️ Daily close below this level invalidates the bullish outlook. Structural bias threshold — above the nearest active support, not a confirmed support zone.
$DRV - Strong Bull Breakout $Price has made the first massive move up against an almost horizontal channel of price action This chart could turn very bullish on this Daily timeframe. The price action now following the breakout could be considered a bullflag in some sense.
$BTC has a nice triangle pattern formed since the recent highs $87,400 which could possibly be a starting wedge for either Wave 1 or Wave A.
May see a move up from the recent lows towards the 0.618 fib level for Wave 2 or Wave B, before a move down for Wave 3 or Wave C around the 1.618 fib level.