The price of BTC has increased by 3.69% over the past week and currently stands at $97,228. Despite the muted uptime, an important detail is the sharp decrease in trading volume — down 96.11% from the 7-day peak. This is a classic signal: the market is quieting down before a new upward impulse.
Technical indicators confirm this dynamic.
MACD shows a clear bullish signal — an advantage for buyers.
RSI — stable, without overbought conditions, creating potential for further growth.
OBV confirms: buying pressure is increasing.
And the Bollinger Bands have narrowed — a sign of low volatility that often precedes a powerful move.
In other words, BTC is in a consolidation phase with a positive tilt. Such a phase is not a signal for immediate entry, but rather a reminder: the market is preparing for a new step. Vigilance and patience are the keys to effective decision-making.
