$BTC
💥 #BTC to the limit: Is a major movement approaching? 💥
Bitcoin is in a critical zone. After weeks of consolidation around $63,000 – $66,000, the market is on edge. Technical indicators show a possible imminent breakout: RSI at neutral levels and decreasing volume, which could foreshadow an explosion of volatility.
On-chain data reveals that whales are accumulating, while short-term holders are showing signs of impatience. This divergence is often a prelude to a trend change.
On the other hand, the macroeconomic context also influences the situation. With the Federal Reserve showing signs of maintaining stable rates, risk assets like BTC could benefit. Additionally, the recent influx of institutional capital via ETFs continues to drive a long-term bullish narrative.
Are we witnessing the start of a new rally or a false breakout?
📊 Stay tuned for the weekly close, and remember: in trading, patience pays more than excitement.
