$BTC BTC has been bullish, trading within the rising channel marked in orange.

In a typical trend, corrections are usually bearish.

However, in BTC's case, the correction phases marked in red are flat a strong signal that the bulls are in control and not allowing the bears to trigger a classic pullback.

As long as BTC holds within the rising orange channel, we expect the next impulse phase to kick off soon aiming for the $115,000 round number.