After a sharp rise, there will likely be a period of wide-range consolidation before choosing a new direction. Wide-range consolidation is like a meat grinder, where buyers and sellers with differing opinions battle it out to determine the next move. $BTC has climbed back above the MA250 after breaking below the yearly line for 10 months. In other words, it’s back above the cost price of purchases made this year (73,000), and currently, there’s not much disagreement. Trump is aggressively pushing crypto here, possibly because he urgently needs crypto support for the midterm elections to fulfill past promises. It probably won’t end so quickly.