#CelebratingNewYearOnGateSquare Bitcoin ($BTC) is currently trading in a consolidation range after a strong directional move, showing signs of accumulation rather than distribution. On the higher timeframes, the overall market structure remains bullish, with price holding above key daily support zones. Higher lows are still intact, indicating buyers are defending dips and maintaining control of the broader trend.

On the 4-hour chart, BTC is compressing between near-term resistance and short-term support, forming a tightening structure that often precedes volatility expansion. Volume has slightly decreased during this sideways movement, which typically signals that a breakout may be approaching. Momentum indicators remain neutral but lean slightly bullish as long as price stays above the most recent higher low.

Bullish Scenario:
A clean breakout and strong close above immediate resistance could trigger continuation toward the next liquidity zone and prior swing highs. If accompanied by rising volume, this would confirm buyer strength and open the door for further upside expansion. Pullbacks after breakout confirmation may offer safer entries rather than chasing momentum candles.

Bearish Scenario:
If BTC loses its short-term support and closes below the higher-low structure, we could see a deeper retracement toward daily demand levels. Increased selling pressure and a spike in volume on breakdown would confirm short-term weakness.$BTC