BTC daily chart is showing this kind of price action, and I bet a lot of folks are already getting FOMO.
After a sharp drop, we’ve formed a classic ascending channel, and now the price is hugging the upper band, entering a new battleground: chase the long or go blind short.
Let’s hold off on any moves for now; we need to see if the upper band can actually be broken.
Real breakout → market accelerates, we take off straight to 80K+
Fake breakout → a sharp drop, and it’s a trap for bag holders here.
Let’s be patient; news from the U.S. and Israel could trigger either scenario at any moment, and we’ll ride the wave when it happens. $BTC