$BTC

What awaits Bitcoin this week?

Bitcoin is trading near $102,000 — the market is frozen in anticipation. After the recent decline, many are asking: is this a pullback or the beginning of a new wave?

Technical picture:

• Support level: $100,000

• Resistance: $106,500

• RSI on the daily shows bullish divergence — a reversal is possible

• Volumes are decreasing = accumulation?

Fundamental factors:

• CPI is already on the horizon — the publication could sharply change sentiments

• Institutionals (according to blockchain data) are not exiting, but on the contrary, are replenishing reserves

• There is an increase in holdings of large wallets in the spot market

Forecast:

If the CPI turns out to be lower than expected, BTC may test the $106K–108K zone.

In the case of negative macro news — a breach of $100K is possible, but the global trend remains upward.

Trader's tactics:

— Keep an eye on the news

— Do not rush into longs until a consolidation above $104K

— Stops are mandatory. Volatility can be sharp.