HelenP. I Bitcoin will fall to support zone and then start rise

Hi folks today I'm prepared for you Bitcoin analytics. This chart shows how the price continues to trade inside a rising channel, with the price currently hovering just above the support zone around 101000. After forming a clean consolidation phase near the upper boundary of the structure, the market is showing signs of a potential pullback toward this zone. However, the broader trend remains bullish, and as long as price holds within the ascending formation, this correction may act as a base for the next move higher. The consolidation structure formed at the top indicates that buyers are not rushing in aggressively, but they are also not allowing prices to drop sharply, a classic sign of accumulation. This aligns well with the previously confirmed trend line and horizontal support zone. If BTC holds this area and finds renewed momentum, I expect a breakout from the consolidation range to the upside. My goal remains at 107000 points, which sits a little higher than the projected top of the current channel. Given the strength of the structure, the higher lows, and the recent defense of support, I maintain a bullish bias and anticipate another upward wave from this level. If you like my analytics you may support me with your like/comment ❤️

7 days ago

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Great! Price almost reaches top part of the consolidation. So, I expect that BTC can continue to grow and soon exit from this range.

FirstNameHelen

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FirstNameHelen

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