Bitcoin's Next Move: Breakout Loading?
$BTC continues to chop in a tight $115K–$121K range for the past 18 days — but signs are flashing that a breakout is brewing.
Here's what's happening under the hood:
💥 Liquidity Hunt: Sharp wicks suggest market makers are sweeping both sides before a directional move.
🛡️ Support Zone: Strong buy interest seen near $111K, while heavy sell walls sit around $121K.
📈 Institutional Accumulation: ETF inflows are back, netting $641M since July 23. Treasury buyers now outnumber sellers 100:1.
📉 If $115K breaks, we may see long liquidations and a retest of the $111K support.
🚀 If bulls reclaim $121K with volume, the breakout could send BTC flying.