🔶 Current Situation of Bitcoin (BTC) – Where is the Market Heading? 🔶
Bitcoin is currently trading around $100,700, after a noticeable correction in recent days, having fallen by more than 4% to reach $99,200, before regaining some of its strength.
📉 Is this drop concerning?
In my opinion, no. It is a natural part of market movement after a strong rise over the past months, especially after the Halving event.
🔎 Key Features of the Current Phase:
Continued institutional flows into Bitcoin ETFs (more than $3.2 billion during the last quarter).
Strong support around the $100,000 – $102,000 levels.
Market anticipation for the U.S. Federal Reserve’s decisions on interest rates.
📈 Expected Scenario:
If resistance at $110,000 is broken, we might see a wave of ascent leading us to levels of $130,000 – $135,000 in the coming months.
However, if pressure continues, the strong support at $98,000$ could form a rebound point.
🧠 My Advice:
Bitcoin is currently going through a "Smart Accumulation" phase. For those who believe in the project in the long term, this is an opportunity for thoughtful accumulation (DCA), with good risk management.
📢 Reminder: This is not financial advice, but a sharing of personal observations and analyses.
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