Bitcoin showing some mixed price movement lately—looks like a false breakout situation. Still, the overall setup feels bullish to me. The EMAs remain solid and supportive, which is a good sign. That said, expect more sideways action and choppiness in the near term before the next major move. I'm holding my bullish bias though. The structure is intact even if we're grinding through consolidation right now.
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Bitcoin showing some mixed price movement lately—looks like a false breakout situation. Still, the overall setup feels bullish to me. The EMAs remain solid and supportive, which is a good sign. That said, expect more sideways action and choppiness in the near term before the next major move. I'm holding my bullish bias though. The structure is intact even if we're grinding through consolidation right now.