📈 Bitcoin remains close to $97,000 as the market consolidates key levels
Bitcoin (BTC) has been fluctuating around $96,900, consolidating its gains from April and showing signs of pausing after several days of sustained advance.
The current price represents an increase of 2.95% in the last 24 hours. The transaction volume has decreased slightly, while the RSI (relative strength index) shows a neutral zone, indicating that the market has not yet taken a clear direction.
This stabilization suggests that large investors are evaluating whether BTC will be able to break the resistance of $97,500 or if it will retreat towards $93,000. This behavior also affects altcoins, which tend to follow BTC's movements.
This level of consolidation is healthy after a rally. Traders should closely monitor the next 48 hours to confirm whether it is accumulation or exhaustion.