has made two higher lows after the last major liquidation low. These two higher highs were testing the supply still left in the market at lower prices from the liquidation day. It's possible supply has been mopped up. This recent higher low is causing price to press on trendline
that has been in play since the high. Popping this will be a very bullish
sign for BTC
to continue the march higher. However, price has not popped the trendline
yet. We're just seeing some bullish
activity preparing for a change. If we see a few wide range bars showing aggressive buyers, then it's likely the blue uptrending Lower Median Line
(LMH) will be back in play.