$BTC Initially, Bitcoin was moving inside a clean upward channel, showing steady growth with rebounds from the support line and multiple corrective phases.
After a strong breakout above the buyer zone, the price maintained bullish momentum and reached the current support level at 88500.
Later, BTC consolidated within the support area, confirming its role as a springboard for the next impulse move. The price eventually broke higher, leaving the channel behind and forming a new structure, an upward wedge.