📊 Market snapshot
$BTC is trading at around $104,900 – $106,000 USD.
The market cap is approximately $2.09 trillion USD.
Technical indicators show mixed signals: recent RSI and MACD suggest some momentum, but shorter-term moving averages are leaning bearish.
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🔍 Key analysis points
recently fell below key support levels around ~$110,000, raising concerns about deeper downside risk.
There is a significant futures gap on the Chicago Mercantile Exchange (CME) between ~$104,160 and ~$110,370 which traders are watching closely as a potential target or trap.
Some analysts believe the typical 4-year cycle may not be dead, suggesting long-term bullish structure might still be intact despite short-term weakness.
Forecasts remain wide: some see a move toward $120K–$200K in a favourable environment; others warn of a possible drop toward ~$94,000 before a new leg up.
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✅ What to watch
Whether Bitcoin can reclaim and hold above ~$110,000 — this would help restore bullish confidence.
How the price behaves around the CME gap area — closing the gap may act as a short-term catalyst.
Signs of accumulation or renewed buying interest from long-term holders and institutional investors — could signal the next phase of strength.
Global macro / regulatory events — such as U.S. government shutdown risk easing, which recently lifted sentiment somewhat.
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⚠️ Risks & caveats
High volatility: This asset remains extremely sensitive to news, sentiment, regulation, and large-holder activity.
Technical structure is still vulnerable: With support broken, a further decline cannot be ruled out.
Forecasts are inherently uncertain: Many estimates vary widely; none are guaranteed.#StrategyBTCPurchase #CryptoScamSurge #CPIWatch #CPIWatch
