#Marketupdates

Bitcoin remains in a tight consolidation phase, holding firmly above $103K on the 4-hour chart. Over the past four days, every 4H candle has closed above this level, confirming it as key support.

On the upside, price faced another rejection near $106K, reinforcing $106.3K (Weekly Open) as significant 4H resistance. This level continues to cap any bullish momentum.

Currently, the market is ranging between $102K - $107.1K (Monday’s range), and with prolonged sideways movement, a larger breakout is becoming increasingly likely.

Outlook:

A decisive break above $106.3K may trigger a run toward the ATH.

A failure to hold $103K could open the door for a retest of sub-$100K levels.

At this stage, the direction of the next major move remains uncertain — caution and patience are advised.