Article details
Bitcoin is currently consolidating near $77,100 within a downward-sloping 1-hour linear regression channel following a massive rally from sub-$70,000 levels to a high of $79,461. Technical indicators suggest this structure forms a potential bull flag pattern. A confirmed hourly close above the upper channel boundary could trigger the next impulsive leg upward, with theoretical price targets pointing toward the $84,000 to $86,000 range.
