Good morning , everyone ⛅️

After the notable rejection from the 0.618 Fibonacci level, Bitcoin ($BTC ) is currently finding support above the larger range's Value Area Low (VAL).

Despite the intriguing developments we observed earlier, there hasn't been significant change on the chart in recent days.

This situation suggests that the market is still navigating within the broader consolidation phase, and traders should continue to monitor price action closely for any potential shifts or breakouts.

Wishing you all a productive and successful day!