Bitcoin ($BTC) Midterm Update: Range-Bound Before the Next Big Move
Bitcoin’s recent price action continues to confirm what we’ve been tracking for weeks. While many believe “everything is already priced in,” the real drop hasn’t even happened yet — and the charts support this view.
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Current Market Structure
📊 $BTC has been ranging between $126K (top) and $111K (bottom).
✅ These levels align exactly with our previously identified resistance and support zones.
🔄 Price has consolidated here for weeks, building a midterm range.
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Short-Term Play
I will continue scalping within the current $111K–$126K range, as volatility inside this channel remains tradable.
Short-term opportunities exist, but risk management is key given the uncertainty ahead.
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Midterm Outlook
The real downside move may still be ahead.
A swing entry around $100K is my target area to accumulate a stronger position.
If this level is tested, it could provide a high-risk/reward setup for the next major cycle rally.
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Final Thoughts
Bitcoin’s midterm structure is clear but unfinished. Ranging behavior suggests that the market is still deciding direction, while the $100K zone could become the most important level for swing traders.
Until then, short-term scalps remain the play — but patience will reward those waiting for deeper entries.
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🔥 Range-bound for now, but the next big opportunity for $BTC could be waiting near $100K.
