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$BTC may be preparing for a great recovery leg.
Following the sharp sell-off, price stabilized near the macro support line and began forming a rising consolidation channel with gradually tightening volatility.
📉 Technical View:
• Pattern: ascending consolidation channel forming after a capitulation move
• Bias: bullish recovery may develop if price breaks above the channel resistance
• Key Level: upper consolidation boundary acting as the breakout trigger
✅ Levels + alerts + updates in Telegram ->
⚠ If buyers manage to push price through the channel ceiling, the market could rotate toward the descending macro resistance above.
#Bitcoin #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
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