The chart shows Bitcoin maintaining a strong bullish structure, supported by a clean ascending trendline. Price consolidated inside a defined range (blue box), building liquidity before executing a powerful breakout to the upside.
Following the breakout, BTC formed a sharp impulsive move, creating a new local high. Currently, price is undergoing a healthy pullback toward the breakout zone and trendline support, indicating a potential continuation setup rather than a reversal.
The Ichimoku cloud remains bullish, with price holding above itāconfirming strong underlying momentum. This pullback could offer a re-entry opportunity for buyers as long as structure holds.
**šÆ Target:**
ā”ļø **77,400 projected resistance and next liquidity area