$BTC Update :
Bitcoin’s recent daily close painted an optimistic picture with a strong hammer candle formation. The bounce off the 50 EMA highlights buyers stepping in, but the lingering question remains—was this a bear trap to entice late shorts?

Despite the encouraging rebound, BTC is still under the dynamic trendline resistance, keeping the broader breakout narrative on hold.

The hammer candle often signals reversals, but confirmation is essential.

Open interest and liquidation data suggest weaker hands have been shaken out, potentially setting the stage for a more robust move.

The next battle lies at reclaiming the trendline. A clean break above it with rising volume could indicate renewed bullish momentum.

If Bitcoin is indeed laying the groundwork for another rally, this could be the moment many sidelined players regret missing. $100k+ narratives? Still on the table—once BTC clears key levels decisively.

Patience is key; the coming daily closes hold the story’s next chapter.

Stay ahead.