$BTC

Between temporary retracement and potential correction, Bitcoin continues to move within a sensitive range fluctuating between $103,000 and $104,000, amidst significant volatility in recent hours. This price movement was not surprising, as momentum indicators such as RSI and MACD show conflicting signals between overbought conditions and selling pressures, confirming the prevailing confusion among traders. The significant liquidation that recently occurred in open contracts, estimated in the hundreds of millions, reflects market tension in the face of any sudden movement. At the same time, financial institutions are registering an increasing presence in the market through ETF funds, which enhances the medium-term outlook, despite weak immediate liquidity. From a technical perspective, the 50-day moving average is an important resistance area to watch, while breaking the support at $103,000 could open the door for a wider decline. Nevertheless, some historical patterns provide positive signals for the long term, especially if previous patterns from bull years are repeated. There is no room for excessive optimism or exaggeration of danger; rather, this phase requires a precise reading of each signal and caution in making random decisions.