@polfer
Bitcoin’s consolidation between $58K and $62K is forming a tightening wedge pattern, which often results in significant breakouts. With ETF inflows stabilizing and miners reducing selling pressure post-halving, supply-side dynamics are favorable. However, macro factors like interest rates and dollar strength could weigh on momentum. Traders should watch for a daily close above $62K to confirm bullish continuation. Failure to hold $58K risks a deeper pullback, potentially offering better re-entries. Patience during compression phases tends to be the most profitable strategy.
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