$BTC 🚀 Bitcoin ($BTC) – Fresh Market Snapshot
#### 🔥 **Current Price & Momentum**
Bitcoin is trading around **$104,400**, showing signs of **tight consolidation** after multiple failed attempts to break above the **$108K resistance**. The market is in a **distribution phase**, with traders watching closely for a breakout or breakdown.
#### 📊 **Key Technical Levels**
- **Resistance**: $108,000 – a breakout here could trigger a rally toward $115K+
- **Support**: $102,000 – holding this level keeps bullish hopes alive
- **Indicators**: RSI is neutral, suggesting indecision; volume is tapering, hinting at a potential big move ahead
#### 🌍 **Macro Factors to Watch**
- **FOMC Decisions**: Interest rate policy and inflation outlook could sway BTC’s next move
- **ETF Inflows**: Continued institutional buying is providing a strong floor
- **Geopolitical Tensions**: Conflicts like Israel-Iran and trade shifts are pushing investors toward decentralized assets
Bitcoin is coiling up for its **next major move**. Whether it’s a breakout or a dip, the setup is getting tighter—and traders are watching like hawks. 🔥