💰 #BTC Unexpected Recovery Attempt
Despite the increasing tension in the news, the leading cryptocurrency is trying to develop a positive scenario.
The price aims to return above the mirror zone, around ~$105,800 and ~$106,800 📈. This movement is observed in the 4-hour time frame.
To confirm the return over this zone, a consolidation is needed, preferably in the form of a retest. This would serve as a signal for the price to resume its upward trend 🔼.
Additionally, in the longer term, there is a possibility of a "squeeze" forming within the bullish version of the cup and handle pattern. However, this is a more distant perspective.