For the BTC bull run, we needed a weekly close above $61,500 to maintain a bullish structure. However, last night’s weekly close was around $58,000, which is below $61k. So yes, we’re still in a bullish scenario, but just barely. We have two possible ranges to watch: $52,000 - $58,000 and the $64,500 - $64,400 range.

Let me break it down further—above $62,500, there’s a massive liquidation pool, about $63.39 million sitting in that zone. This suggests that we might see a move either towards $64k or down to $52k. Right now, BTC is hovering between $59k and $57k, which is boring the market. This kind of stagnant movement can often lead to people exiting out of frustration.

BTC has been stuck in this range for 10-15 days now. Whenever it gives some profit, it pulls back again. We’re just stuck in this zone for now. If you pay attention to the liquidation zones I mentioned, they will eventually get triggered, maybe in the form of a wick or something else.

In the shorter time frame, you can see a bull flag forming, which is an early indicator of bullish momentum for BTC. This pattern suggests that BTC could start moving up soon, so get ready. Also, there’s a descending channel forming in the ETH/BTC pair that has been developing for the last 1.5 to 2 years. Once this channel breaks, we could witness one of the biggest bull sessions in history, in my opinion.

Remember, when a descending channel breaks out, the market tends to move rapidly in the opposite direction, leading to a massive rally. So, this was the latest update on BTC. If you’ve understood my voice message, keep reacting to the market accordingly.