$BTC made a strong impulse move from the 84.4k area to 94.7k, which tells us buyers were in full control. After that, the price pulled back, not crashed, which means this is a healthy correction, not a trend reversal.Right now it is consolidating around 90.7k, sitting between the fast MA (7) and the mid MA (25). The 99 MA around 89.8k is acting as dynamic support and price is still holding above it. Volume has cooled off, which usually happens during consolidation before the next big move.This structure looks like a bull flag forming after a strong rally.As long as it holds above 89k to 90k, the bullish structure stays intact.

A clean break above 91.5k to 92k would open the door for a move back toward 94k and higher but if 89k breaks with strong volume, then a deeper pullback toward 87k becomes likely. What this really means is that $BTC is not weak right now. It’s resting before choosing its next direction.

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