#BTC Bitcoin (BTCUSD) is practically consolidating on the short-term, having just recently been rejected off its new All Time High (ATH). Despite the short-term volatility, the long-term outlook is still a very strong, structured uptrend, a Channel Up pattern that is now technically aiming for its next Higher High.

Incredibly enough, this Channel Up since the November 2022 market bottom, has been almost entirely within the Buy Zone (green) of the Fibonacci Channel Up going back all the way to April 2013!