Bitcoin Daily Timeframe Analysis

Hey everyone, I felt it was necessary to post another update and share a scenario I’ve been watching closely.

There’s something important that needs to happen before we can say a new bullish rally might begin:
The first step is for the trendline to break.
The second step is we need to see a correction, ideally forming a V-pattern that can act as confirmation. Once that V-pattern is complete and we break above it, that could be a signal to take some calculated risk and enter a spot buy.

Another important point 
If you pay attention to volume, you'll notice that as we dropped from the $110,000 level, volume began to decline.
Now, after that low-volume phase, we’re starting to see rising bullish volume, which suggests a strong chance that a new uptrend could be forming.

Let me know your thoughts and always remember:
Risk management is what keeps us alive in this market.
Thanks for reading 🙏

Structure drives. Emotions mislead. Stay with the flow.