After breaking above previous resistance and printing a new Higher High, $BTC could now be gearing up for the next classic move in a healthy uptrend: a Higher Low.
๐โก๏ธ๐ This retracement would be a natural part of a bullish structure, allowing the market to cool off before a potential continuation upward. Itโs exactly what you want to see for sustainable growth โ not just a vertical move that burns out.
โจ A pullback to a key support zone (like previous resistance turned support) could offer a great long-term entry point.
TL;DR
โ๏ธ New Higher High โ
โ๏ธ Potential Higher Low forming?
โ๏ธ Healthy price action in a Bullish structure
