Bitcoin appears to be caught in a tight range, trading between $103,000 and $105,000 with no clear breakout in sight. The market is on edge, and recent developments suggest that something significant might be brewing beneath the surface.
One of the key indicators of caution is the massive outflow of $96 million from Bitcoin ETFs. Such large movements often signal institutional uncertainty or risk aversion. Despite a positive FOMC report and a favorable CPI, the market hasn't shown any strong bullish momentum.
In geopolitical news, Trump’s intervention to resolve tensions between India and Pakistan and the conclusion of the tariff war should ideally boost global market confidence. But for Bitcoin, it seems these macroeconomic reliefs are not enough to fuel an upward rally.
Volatility remains high, and rather than pushing forward, traders are choosing to book profits. The lack of upper-side confirmation is pushing the market into a correction zone. Inexperienced traders are still clinging to the hope that Bitcoin will hit $120,000, but current signals don't support such optimism.
Mark my words: the market is preparing for a crash. Those who exited with profits may soon find a golden opportunity to re-enter at lower levels. Now is the time for smart money to be patient, vigilant, and prepared.
