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$BTC still looks strong overall, but this area is where things get interesting.
For me, path 2 makes the most sense right now. A pullback into the previous breakout zone around the mid-range would actually be healthy before continuation higher.
That kind of reset usually gives the market fresh momentum instead of forcing a breakout.
Path 1 for Bitcoin is still possible if bulls reclaim momentum quickly, but after such a strong move, I’d rather see consolidation than an overheated push.
As long as higher lows hold, the bigger trend still looks bullish.