The daily chart is showing a strong bullish engulfing pattern. Yesterday's bullish candle completely embraces today’s slight bearish action, signaling the end of selling pressure. This is what I call “the calm before the storm.” When we jump to the 1-minute chart, BTC is practically a flat line with no volatility—ranges stuck between $93,800 and $94,200. This lack of movement usually signals an impending explosive move, likely upward. 🚀

Historically, we've seen this before. When #BTC forms this "tight coil" pattern, it often breaks out in a massive move, similar to when it jumped to $102K. Based on current cycles and behavior, we could see BTC heading toward $120K+ soon. 📈

The Renko chart is especially interesting right now. It's forming a textbook bullish flag pattern, with strong support at the upper cloud layer. This aligns with the impulsive wave structure (1-2-3-4-5) that could propel BTC to $150K or more. Key levels to watch are $94,200 for confirmation, then $108K, and beyond.

Let’s not forget the macro environment either. We’ve got critical events ahead:

January 15th: CPI (inflation data) report.

January 20th: Trump’s inauguration, which could spark major regulatory shifts.

January 29th: Fed meeting to decide on interest rates, with U.S. banking under immense stress.

These events are aligning with BTC’s setup for a historic rally. On top of that, states like New Hampshire and North Dakota are discussing building BTC reserves, and there’s growing pressure on corporations like Meta and Amazon to follow suit.

Globally, we’re seeing a geopolitical and financial reset. The U.S. is under immense debt pressure, and inflation will likely be the escape route. Meanwhile, adoption of decentralized systems like BTC and stablecoins is accelerating at an unprecedented rate. With more than $21T in M2 supply circulating in the U.S. and this shift toward decentralization, the case for BTC has never been stronger. #bitcoin

As always, stay sharp, Wolves. These next few weeks will likely be more dangerous to be out of crypto than in.!