February 4, 2022 bitcoin got out of the bear channel with strong bull bar. We have some spikes up and down so means confusion and confusion is equal to trading range phase.
Higher low formed February 24, 2022 so broad bull channel . Broad channels are like trading ranges and you have to buy low and sell high and get scalps.
March 14, 2022 was the beginning of strong bull leg. We had just 1 pullback and many consecutive bars that shows bulls are in control. Strong legs usually have 2nd legs. So we expect second leg of this strong bull leg.
What you have to watch is $45,500 resistance. Consolidate above this resistance then higher prices expected. Then watch the big daily broad channel to see price reactions to the lines.