Bitcoin is quietly building momentum beneath the surface, following a healthy pullback. This correction shook out weak hands and set the stage for a potential new all-time high. Key technical indicators suggest Bitcoin maintains its upward trajectory despite recent fluctuations.

According to EtherNasyonaL, this retracement is a natural aspect of a sustained rally, and Bitcoin’s macro trend remains positive. The correction may fuel another upward leg.

Analyst Christopher Inks identifies Bitcoin’s recent price action as forming a possible bullish Swing Failure Pattern (SFP), a precursor to strong upward movement. This setup, combined with refined trading range signals, underpins market strength. The Elliott Wave Theory further supports continuation of a larger uptrend, aligning with a Wyckoff interpretation of Bitcoin's enduring strength.