Bitcoin just delivered that daily close we've been waiting months for since October. In a single daily candle, BTC managed to flip through both the 4-hour resistance and the daily ATR levels that have held strong all this time.

However, there's a catch—higher timeframe patterns are now showing signs of distribution. This could mean consolidation is brewing or a pullback might be around the corner. Smart money often takes profit after such moves, so keep your eyes open for potential retracements before the next leg up.

It's a mini victory, but don't get too comfortable.