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💸 BITCOIN IS RETURNING TO THE GAME
Bitcoin has emerged from a 57-day consolidation and closed the day above $94,000. This is already the 4th such scenario in this cycle.
🟢 Previously, consolidations lasted 49-63 days, and each time after them, BTC rose. Now, there are again 56 days of sideways movement, and the pattern is repeating itself.
🔴 The price is forming higher lows and highs
🔴 BTC is holding above the long-term trend
🔴 MACD sellers' pressure is decreasing, often a sign of a breakout
🔴 RSI (weekly) hidden bullish divergence
🚀 The market has already cleared out excess leverage, and weak hands have exited. Bitcoin still has fuel. A strong movement could be imminent.
#BTC #Bitcoin $BTC
{spot}(BTCUSDT)