📊 BTC Consolidation Near Breakout Zone
Bitcoin is currently trading around $66,700, showing sideways movement but with underlying bullish strength.
🔍 Key Observations:
🔹 Support Zone: $65,500 – holding well over the last 3 days
🔹 Resistance: $68,000 – key level to break for bullish continuation
🟢 200 EMA (4H): Currently acting as dynamic support
📉 RSI: Rising from 43 to 56 – bullish divergence spotted
📈 MACD: Flipping green on the 1D – momentum building
💬 Market Sentiment:
Whales and institutions are gradually accumulating. Open interest is rising again across derivatives platforms.
🧠 My View:
A confirmed break above $68K could push BTC toward $70.5K–$72K. However, failure to hold $65.5K might lead to a retest of $63.2K.
⚠️ Stay alert: This weekend’s close could set the tone for next week’s volatility.
