According to Mihir (@RhythmicAnalyst), Bitcoin (BTC) has been forming higher lows on the daily (1D) timeframe since reaching its lowest consolidation point, with prices recorded at $89k on January 13th, $91k on February 3rd, and $93k on February 18th. This pattern suggests a potential bullish trend, and Mihir implies that a breakdown in this trend would require a daily close below the January low. This indicates a key support level for traders monitoring BTC's price action.