$BTC has been stuck between $106K and $108K, but under the surface, several warning signs are flashing:
š§ Profit-taking is ramping up.
Investors are locking in gains at current levels - even though weāre still far from the late-2024 highs. That adds pressure on price.
š§ Demand is weakening.
Analysts point out that āapparent demandā has dropped to -37K BTC. In plain terms: fewer buyers, more selling from long-term holders.
š§ Network activity is shrinking.
Bitcoin transactions and address activity are at multi-month lows - usually a bearish sign.
š” But itās not all doom:
+ETF inflows are still steady,
+whales are accumulating,
+post-halving issuance is at a historic low.
Yes, BTC is at a crossroads. A break above $112K would flip sentiment bullish again. A slip below $103K could trigger a deeper pullback to the $95-98K zone.
#bitcoin