Bitcoin continues to consolidate in a narrow range between $70,500 and $72,000. This accumulation zone suggests that a solid base is being formed for a possible upcoming bullish move. What's interesting is how open interest in futures has remained high, indicating that many traders are positioned for a breakout. Technically, if it manages to strongly surpass $72,000, we could see a quick rise towards $75,000. But if it fails, a correction to $69,000 is also likely. I am watching the reaction at those levels to decide my next entry.
