$BTC Update – The Calm Before the Storm
BTC just had a textbook bounce off the daily QVWAP last night—again. That’s the second in five days and the third in three weeks. While this level is holding for now, repeated bounces weaken support over time. Eventually, something’s got to give.
Right now, price is sitting at $98K support, wedged between that and the 4H YVWAP overhead. A breakout is inevitable—either we push toward $103K-$104K, or we slip down to $95K. This range won’t last much longer, and in the next few hours, the tables will turn. Expect a decisive move soon—volatility is knocking.
Going long here? Not ideal. Too many resistance levels stacked above make upside a tough fight. Better setups will come—patience wins this game.
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El Shaddai: (Hebrew: אֵל שַׁדַּי) – “God Almighty, the All-Sufficient One.” His grace sustains.