โ๐ $BTC : The Final Pause Before the Launch! ๐
โThe current price action strongly suggests that $BTC will stabilize and consolidate around this area. This is not weakness; this is the market resetting for the next big move.
โThe Two-Step Technical Roadmap:
โOur preferred scenario for the smoothest ascent is clearly defined by two key levels:
โStep 1: The CME Gap Close ($85.5K)
โWe ideally want to see a final test and fill of the CME gap at the $85.5K area. This is crucial technical housekeeping that often precedes sustained rallies.
โAnalyst Note: Filling the gap validates the current momentum.
โStep 2: Reclaiming the Trend ($95K)
โOnce the gap is closed, the path should clear for a strong drive towards the 20-Day Moving Average (MA) at $95K.
โReclaiming the 20-Day MA will be the confirmation needed for the next major bullish wave.
โThis setup is the definition of healthy price action. Let the market wash out the last bit of selling pressure, and then prepare for the aggressive push towards that $95K target!
โ#BTC #Bitcoin #CMEGap #TechnicalAnalysis #CryptoConsolidation
