GM 🌞
BTC is tightening on the 1H timeframe inside a descending triangle, with consistent lower highs pressing against a strong support zone around 66K–67K. This is classic post-selloff compression, where volatility contracts before the next expansion move.
Price is now approaching the apex, meaning a directional breakout is likely approaching.
- Break above 69K–70K and hold → descending pressure releases, opening a potential move toward 73K–75K.
- Breakdown below 66K with strong volume → bearish resolution, exposing a 63K → 60K retest zone.
This isn’t random consolidation. It’s structure preparing the next impulse move, and the breakout should be cleaner than the current noise inside the triangle.