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Lingrid | BTCUSD Consolidation PHASE Following Double Bottom

market formed a double bottom below March levels before bouncing to close above the psychological 80,000 mark. Price action is currently narrowing, suggesting the market is coiling up before its next extension—as if awaiting another news catalyst to drive movement. Given that the price closed above the swap zone, any pullback to this level presents a high probability of a price rebound. Additionally, on the daily timeframe, the market has broken and closed above the downward trendline that represented the correction phase.
Overall, I expect a potential triangle pattern formation around current levels before a surge higher toward liquidity above the previous week's high. My goal is resistance zone around 89,300

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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