$BITCOIN Bitcoin is currently moving in a short-term consolidation after a recent bullish push. The overall structure remains slightly bullish as long as price stays above key support.

Support & Resistance:

Support: Around recent swing low (buyers active zone)

Resistance: Near previous high (selling pressure zone)

Candle Pattern:

A recent bullish engulfing candle shows buyers gaining strength. If the next candle closes above resistance, it may confirm further upside.

If a doji or long upper wick forms near resistance, it can signal possible pullback.

Simple Chart Idea (How to Draw):

Draw support line at recent low.

Draw resistance line at recent high.

Mark bullish engulfing candle.

Add arrow showing possible breakout direction.#BitcoinForecast #BitcoinWarnings #BitcoinAndBlockchain #bittensor