#Bitcoin Holds Strong as Market Consolidates — No Bearish Divergence in Sight
Upon analyzing $BTC price structure across multiple timeframes, I don't see any bearish divergence at the moment. Instead, the chart continues to print a series of bullish formations, including multiple inverse head and shoulders patterns, signaling continuation of the macro uptrend.
The current movement between $100,000 and $109,000 appears to be a classic case of a choppy or ranging market — in simpler terms, a bullish consolidation phase just below resistance. This kind of sideways price action, especially after a significant rally, often serves as a base for the next breakout leg.
Despite geopolitical tensions like the Iran-Israel conflict, Bitcoin remains remarkably resilient. If such macro-level risk had any real impact, BTC would likely have already broken below the $100K mark. Instead, the price is holding firm, which is another sign of strong bullish sentiment in the market.
The chart structure remains highly constructive — multiple bullish reversal and continuation patterns are playing out, and as long as BTC holds above the $98K–$100K support zone, the broader trend remains intact. This ongoing consolidation below all-time highs is a healthy sign of strength — not weakness.
