$BTC is the quiet decision-maker in the room. After rejecting from the mid-90k area, it’s been chopping between support and resistance without conviction.
What stands out is the lack of panic. Selling pressure slowed near the mid-80k range, and every dip is being met with some level of demand. At the same time, buyers aren’t strong enough yet to reclaim the upper range.
This is classic consolidation. BTC isn’t breaking down, but it’s also not ready to lead aggressively. Whichever direction BTC chooses next will likely set the tone for everything else.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC is the quiet decision-maker in the room. After rejecting from the mid-90k area, it’s been chopping between support and resistance without conviction.
What stands out is the lack of panic. Selling pressure slowed near the mid-80k range, and every dip is being met with some level of demand. At the same time, buyers aren’t strong enough yet to reclaim the upper range.
This is classic consolidation. BTC isn’t breaking down, but it’s also not ready to lead aggressively. Whichever direction BTC chooses next will likely set the tone for everything else.
#BTC #BTCMarketAnalysis #AreYouBullishOrBearishToday? #HasTheMarketDipped? #JoinGrowthPointsDrawToWinGoldenBar