$BTC BTC is Showing Strength: A Bullish Continuation or Pullback Incoming?

Bitcoin is currently holding strong above the $103K mark, maintaining momentum after a solid breakout earlier this month. The recent consolidation near local highs suggests that bulls are still in control, with healthy volume backing the move.

Key Observations:

Price is holding well above key moving averages, with the golden cross confirming bullish sentiment.

Current support lies around the 100 EMA zone (~$99K), which previously acted as resistance.

Minor rejection after the recent high hints at possible short-term profit-taking, but the uptrend structure remains intact.

If BTC holds above the 3.62% level on the daily chart, we could see another leg up toward new highs. However, a dip to retest the breakout zone (~$98K–$100K) would still be considered healthy.

Watch for volume confirmation and trend strength in the coming sessions.

Are you bullish or waiting for a pullback before loading up more $BTC? Let’s discuss.

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