BTCUSD – Wait for the Breakout from ConsolidationBitcoin / U.S. dollarBITSTAMP:BTCUSDBerlinGoldInsightsBTCUSD is currently trading inside a well-defined consolidation range after a strong impulsive move. The market is respecting both the support and resistance zones, showing that buyers and sellers are in balance. Technical Analysis Price has been making lower volatility swings inside the range, indicating consolidation. The support zone continues to hold, preventing further downside. The resistance area has rejected price multiple times, making it the key breakout level. Volume and momentum are decreasing, which often happens before a significant move. Trading Plan ✅ No early entries. The safest approach is to wait for confirmation. Bullish Scenario: A strong candle close above the resistance zone, followed by a successful retest, will provide a high-probability long entry. Bearish Scenario: If support fails with strong selling pressure, the bullish setup becomes invalid. Target If the breakout is confirmed, I expect BTCUSD to continue higher toward the marked target zone shown on the chart. Patience is the key. The best trades come after confirmation, not anticipation. Disclaimer: This analysis is for educational purposes only and is not financial advice. Always use proper risk management.