Bitcoin Multi-Timeframe Analysis

Hello dear crypto friends, in this special BTC analysis, we're gonna look at the different timeframes with grandpa BTC currently:

1H Chart

Double Bottom defended the $12k.
Since then Uptrend indicated by higher Lows

4H Chart

Higher Lows successfully established at $12k
Currently 2 Inside Bars which will indicate the direction when they break out

1D Chart

Bullish Pennant Breakout
Turns into potential Cup & Handle if we reject from $13k now, indicating further tightening

1W Chart

Daily Bullish Pennant invisible, shows itself as Doji candle with huge upper wick
Definitely overbought, and needs to consolidate soon, even if we now climb higher for a few days

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