$BTC #
🔍 Bitcoin: Calm Before the Storm?
After weeks of sideways action, $BTC is holding above $57K with low volatility. Is this accumulation before a breakout — or are we gearing up for another dip?
📉 Key Levels: — Support: $56,200
— Resistance: $59,500
— RSI is neutral, with indicators showing no clear signal
📊 What the Volume Says:
BTC outflows from exchanges are being observed — a possible sign of long-term accumulation by investors. However, institutions are still on the sidelines.
📅 What to Watch This Week:
— US CPI (inflation data)
— Open interest in futures
— Whale activity
🤔 My Take:
$BTC has breakout potential above $60K, but without a clear catalyst (economic news or ETF inflows), we may remain in consolidation.
👇 What do you think?
More likely to break higher — or will we revisit $52K first? #Crypto