$BTC #BTC ANALYSIS
Bitcoin is consolidating within a horizontal supply zone, with price action stabilizing. The 21-day and 50-day moving averages, positioned below the current price, serve as dynamic support, reinforcing bullish momentum.
A strong breakout above the supply zone with high volume could confirm the uptrend’s continuation. Conversely, failure to break through may lead to rejection and a potential pullback. Traders should vigilantly observe price action at this pivotal zone for clarity on the next move.