Bitcoin Price Analysis: Sucker’s Rally or the Start of a Parabolic Boom?
$BTC has broken out of a falling wedge and is holding strong between $93K–$95.5K. This tight consolidation is making one thing clear: a massive move is brewing.
Key Highlights:
• Capital inflows surged from $1.5B to $15B in just 10 days.
• BTC ETFs recorded net inflows of 6,900 BTC this week.
• Fear & Greed Index climbed to 56 (Greed) — bullish sentiment rising.
• Whale accumulation continues, signaling confidence in a breakout.
What to Watch:
• If BTC closes above $95,870, next targets are $100K → $114K.
• Drop below $93K could mean a correction to $88K before liftoff.
So, is this a sucker’s rally or the beginning of a major crypto boom? The data leans bullish — but watch those key levels.
#Bitcoin #BTC