#Bitcoin has been in the red resistance zone for about 2 weeks and it still hasn't been crossed. This area is a strong supply zone where sales have occurred in the past.

Right now, it is stuck just below this line. Although we seem directionless at the moment, there are nice entries into Spot #ETFs. This shows that institutional investors still have a very clear level of confidence.

When we look at the overall structure, the downtrend has been broken and then a strong rise followed. $Btc is accumulating in the 92,500 – 95,000 band. Such structures can signal either a solid rise or a short correction. However, ETF purchases seriously support the upward potential.

If the red area is crossed with volume, targets of 100K and above will start to be discussed. The first support below is at 92,500, and strong support is around 84,300.

I wish everyone good profits and a beautiful day 💐