dmax072023
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$BTC Bitcoin ($BTC) is currently trading around $103,000, reflecting a short-term bearish correction within a broader consolidation phase. After testing highs above $106K earlier this week, it has pulled back slightly amid macro uncertainty and profit-taking. Institutional accumulation continues to offer underlying support, particularly above the $100K psychological level. Traders are watching the $108K resistance closely—if breached, it could signal renewed bullish momentum toward $120K. On the downside, a failure to hold $102K may invite more selling pressure. Overall, $BTC remains range-bound, but market sentiment leans cautiously optimistic as long-term holders and technical indicators still suggest strength beneath the surface.
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