Bitcoin is likely about done consolidating, pulling back

Sometimes it is hard to tell what bitcoin is going to, in fact most of the time it is.

However, zooming out and looking at the longer time frames can often give more clues on the overall trend.

Like this:

(Source: https://x.com/Doctor_Magic_/status/1820861511327256876/photo/1)

The monthly chart seems to be indicating we could be about to break the consolidation range.

Last time we had a similar setup we surged higher.