#CelebratingNewYearOnGateSquare Bitcoin ($BTC) continues to trade in a decisive structure as bulls and bears battle around a key psychological zone. After recent volatility, price action is consolidating above a strong support range, suggesting accumulation rather than distribution. Buyers are stepping in on dips, indicating confidence at current levels.

On the daily timeframe, BTC remains above its mid-term moving averages, keeping the broader bullish structure intact. The market is forming higher lows, which signals underlying strength. However, resistance overhead remains firm, and a clean breakout above the recent swing high is needed to confirm continuation toward the next liquidity zone.

Volume profile shows moderate participation, meaning the move is healthy but not yet explosive. If volume expands on a breakout, momentum could accelerate quickly. On the downside, losing the immediate support zone may trigger a short-term correction toward the next demand block, where long-term buyers are likely to re-enter.

From a momentum perspective, indicators are neutral-to-bullish, leaving room for another leg up. As long as BTC holds above its structural support, the bias favors gradual upside expansion. Short-term traders should watch for rejection at resistance for potential pullbacks, while swing traders may look for confirmed breakouts before increasing exposure.$BTC