$BTC

🚨 “Bitcoin’s House of Cards: Is the $100K Fortress About to Collapse?”

Bitcoin ($BTC) is wobbling around the $103,500 mark today, down from intraday highs above $106K. After weeks stuck in a frustrating range between $102K and $112K, the king of crypto seems unable to decide whether it wants to rally or unravel. On-chain activity is flashing warning signals—daily transaction counts have collapsed to just 320K–500K per day, a sharp decline from late 2023 peaks. Meanwhile, whale wallets and miners are quietly stockpiling, fueling speculation about a potential supply squeeze—or a looming sell-off.

Technically, Bitcoin is still holding a bull-flag structure on longer timeframes, and if volume kicks back in, analysts say a breakout toward $130K–135K could happen later this summer. However, open interest divergence and weakening RSI momentum suggest the opposite could unfold: a sudden breakdown below $100K, triggering panic liquidations. The Fed’s next interest rate decision and escalating Middle East tensions only add more fuel to the uncertainty.

The real question: are investors blind to the risks, treating Bitcoin like digital gold… while liquidity and transaction volume quietly dry up? This could either be the setup for a monster bull run—or the perfect storm before a crash.