⚓️ #Bitcoin is currently trading around $107,500. On the daily timeframe, a bullish flag formation appears to be forming.

📌 In technical analysis, a flag pattern typically follows a strong upward move, forming a short consolidation phase before potentially continuing in the same direction.

🟡 A key level to watch: A daily close below the lower boundary of the flag would invalidate the structure. If this support holds, the yellow zone marked on the chart may be considered a potential price area strictly within a technical analysis context.

🔍 However, technical structures alone are not sufficient. Volume trends, macro conditions, and news flow should also be closely monitored before drawing any conclusions.

‼️ This is not investment advice.

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