$BTC is still compressing into the apex, and the long-term structure is leaning bullish.

Price is running out of room inside this giant triangle, with the macro floor holding around the $58K-$60K area and the upper descending line still capping every expansion attempt. That keeps the whole move in a squeeze, but the bigger read is that supply is getting absorbed while retail stays nervous.
I’m watching for a clean break of the triangle ceiling. If BTC can push through that cap, the next magnet is the higher macro resistance zone near $85K-$88K. After that, a backtest into the old breakout area would fit the structure well before any larger continuation leg.
The bullish read weakens if price keeps stalling at the apex and loses the historical support zone.