According to Miles Deutscher, Bitcoin ($BTC) is on the verge of its first consecutive close above the prior range low, indicating a potential reclaim in play. Traders should monitor this movement closely as it could signify a bullish trend reversal, impacting trading strategies and market positioning.

According to ReetikaTrades, the current market squeeze is not leading to a bearish retest due to actual positive news. The trend is supported by the selling activity of older investors over the past months, who now feel underexposed after reading the recent news, suggesting a potential market reclaim and upward movement.