🚨 BTC Market Update 🚨
As anticipated, Bitcoin has successfully broken above its previous resistance zone, confirming the bullish structure we discussed earlier. The price is now holding firmly above this key level, which is a strong sign of market strength and buyer dominance.
On the 1D timeframe, BTC has formed a Fair Value Gap (FVG) that remains untested. From a technical perspective, unfilled FVGs often act as magnets for price, as the market tends to revisit these inefficiencies before continuing its primary trend.
🔍 What to Expect Next?
I am expecting a healthy retracement toward the 1D FVG, which could provide a strong buy-the-dip opportunity. This pullback would be technically normal and even bullish, as long as BTC maintains structure and shows confirmation around the FVG zone.
Once the FVG is tapped and buyers step in, continuation to the upside becomes highly probable, potentially opening the door for new highs.#BTC #solana #icp $SOL
