Bitcoin is approaching the top resistance of its ascending triangle. This pattern typically represents a stable accumulation phase—buyers continuously enter at higher levels, while sellers defend at a clear price ceiling. From a technical and market psychology perspective, this structure reflects a standoff between the two sides. The current consolidation suggests that the bulls are gathering strength; once the resistance is broken, it could signal the start of a new upward momentum. Conversely, if it cools off and pulls back here, a new support level will need to be established. The key is who can take control of the narrative.