BTC is printing a well-defined Ascending Channel on the 4H chart, while the 1D Wyckoff schematic identifies an active Accumulation structure in Phase B (Building Cause) — a secondary test of the trading range bounded by $57,740 support and $81,461 resistance. The most analogous historical cycle replay (Mar–May 2024 accumulation base that preceded a breakout to ATH) projects a measured-move target of ~$105,182 once Phase C (Spring/shake-out) completes and Phase D markup ignites. RSI at 39.7 (neutral-to-oversold lean) and a MACD in bearish momentum (-147 MACD / -28 signal) are consistent with late Phase B price suppression — the exact environment that historically precedes the Spring event. The position tool marks a near-term long opportunity at current levels with tight risk, while the full Wyckoff measured move represents the macro target.
