#ArizonaBTCReserve Analysing the current chart, the market behaviour becomes much more understandable.
$BTC

94,856.99
+0.12%
Initially, Bitcoin was moving inside a clean upward channel, showing steady growth with rebounds from the support line and multiple corrective phases.
After a strong breakout above the buyer zone, the price maintained bullish momentum and reached the current support level at 88500.
Later, BTC consolidated within the support area, confirming its role as a springboard for the next impulse move. The price eventually broke higher, leaving the channel behind and forming a new structure, an upward wedge.
This wedge is a natural development after a strong uptrend, often suggesting that the price may continue climbing toward the upper boundary before any potential reversals occur.
