🚨 $BTC Market Update – Calm Before the Storm? 🧵
Bitcoin has been consolidating below $106K all weekend, and sellers still have the upper hand. While bulls are trying to regain control, they’ve failed to lock in a key range — keeping bearish pressure on the table. 👀
Right now, the $103K–$107K zone is where the action’s at. Huge bets are piling up on both sides, meaning liquidity is building and volatility is likely coming. 📈📉
Coinglass data shows short liquidations above $105.5K, but longs around $103.5K remain untouched. That opens the door for a potential bullish push — but breaking $106.2K will need serious volume, which is currently low. 😶🌫️
📉 Some TA signals (RSI, MACD, CMF, DMI) hint at a bearish reversal soon — and popular analyst @AlphaBTC sees a dip to ~$90K before any new ATH.
💥 But don’t sleep — institutions like El Salvador, Metaplanet, and BlackRock are still stacking sats. This quiet accumulation might be the strongest bullish signal of all. 🔥
Will BTC revisit $125K after a correction? June could be wild. Buckle up. 🎢