BTC Bull Flag in effect
Looks like BTC is creating a bull flag on the 4h chart
Bitcoin broke out of the sideways range, now it's pullback towards it in a tight channel.
This price action looks very much like a bull flag...
Check it out:
A breakout from here would take the price back up to around $53k based on the measure move of the flag pole.
I think we get it within a week or two.