Bring Sally Up, Bring Sally Down… Lift and squat — gotta tear the ground! You know the workout — exhausting, just like last week with BTC.
Right now, it’s a 50/50 split: half of you believe BTC is headed down, while the other half are waiting for a new ATH.
Let’s take a look at the daily chart. As mentioned before, we’re clearly stair-stepping — a classic bullish pattern. BTC moves up 10–12%, consolidates, then repeats… again and again.
Currently, we’ve formed a new bullish structure: a pennant (highlighted in red), which strongly suggests BTC is gearing up for another move higher. If the pattern holds, we could be looking at 112–115K in the near future.
Looking at this week’s economic calendar, there are no major market-moving events like last week’s CPI/PPI releases. That creates the perfect setup for a potential leg up — no immediate risk of negative surprises.
For those holding shorts: this week will either pay you or cost you dearly. For long traders: if BTC dips below 100–102K, I’d seriously consider placing a stop-loss around 98K.
Remember: this is a bullish structure. There’s currently no sign of a bearish reversal toward 92–96K — except for the hope of the bears. But hey, hope is not a strategy!
BTCUSDT its big consolidation and bears are loading up as well now because the positive is its jut not going down. With so much consolidation i do not expect rejection at last ATH.