🟨Bitcoin remains within a stable upward trend, trading at historical highs. After seven consecutive weeks of growth, the chart shows signs of local exhaustion — candles are shrinking near resistance, and a correction is becoming more likely. The key demand zone is located around $102k, just below which lies an unfilled gap ($98k–$100k), potentially serving as an entry point for new long positions.
🟨On the monthly timeframe, the structure maintains a bullish bias — the market is holding above $85k, and a breakout of the 1.618 Fibonacci Extension ($102,324) could push the price into a price discovery phase. At the same time, the $109k–$125k zone remains a significant barrier: breaking through it would open the path toward $200k+. Corrections to the $98k–$102k range, and even to $73k–$76k, are viewed as opportunities to accumulate positions within the trend.