BTC BTC is currently compressing within this tight LTF range. Now we either see some more consolidation today, which would then likely carry on over the weekend, or price breaks out and we see another decisive move in one of the two directions. The longer BTC continues to consolidate, the more decisive the eventual breakout is likely to be. So if that’s the case, we could see another sharp move going into next week. A break above the highs would likely send us back toward the local high around $87K and increase the chances of further upside. A breakdown, on the other hand, would push price lower to revisit the previous HTF high or potentially even extend into the $80k–$82k region. A breakdown is the scenario I’m currently more interested in, as this would trigger my first long scenario. If BTC breaks higher instead, I’ll simply remain flat and wait for the next decent opportunity to present itself.