Bitcoin has been consolidating for the past 1-2 weeks, forming a bullish flag on the 1-hour timeframe—a classic continuation pattern often signaling a strong upward breakout.
🟢 Key Highlights
No Bearish Signals: The current price action shows no signs of weakness.
Fundamentals Align: BTC remains bullish overall, backed by favorable macro trends.
Breakout Setup: Watch for a confirmed breakout above the flag's resistance to ride the next potential wave.
📈 Our Plan
1️⃣ Wait for Confirmation: Breakouts are most reliable when supported by high volume.
2️⃣ Target Levels: Post-breakout, BTC could target higher resistance zones, aligning with the macro trend.
3️⃣ Risk Management: Place stop-losses below support to manage potential downside risks.
🔔 Call to Action
Are you ready for the next BTC rally? Let us know your thoughts in the comments, and don’t forget to like if this idea resonates!