📊 $BTC Market Update – Why Is Bitcoin Not Moving?
💠 Bitcoin is holding strong, maintaining support above the critical $105K–$106K zone. This is a bullish sign — it means buyers are still in control and the structure remains intact for further upside.
💠 Yet, despite bullish macro news and strong market sentiment, BTC price action is consolidating. Why the lack of movement?
🧠 Here’s my take: This could be smart money accumulation. Big players aren’t chasing highs — they’re waiting to buy lower. Expect a shakeout — stop hunts and liquidation wicks to scare retail traders — before the real move begins.
🎯 Key Reversal Zone: $106,800–$107,500
🔹 Aligned with the 0.618 Fib level,
🔹 The 4H 50-EMA, and
🔹 Previous resistance-turned-support.
This area is a potential springboard for the next leg up.
🚀 Outlook: Bullish
BTC still has the momentum to break to new all-time highs. Many altcoins are primed to follow, so keep your eyes on the charts and your positions tight.
📌 Be ready. The real move is coming.
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