#NextMoveBTC Based on current data and technical indicators, here’s a short-term outlook for Bitcoin’s next move:
⸻
Bullish Scenario (Likely if BTC Holds Above $103,000):
• Target: $109,000 (next major resistance, near ATH)
• Catalysts:
• Continued ETF inflows
• Institutional accumulation
• Retail FOMO (344,000+ new wallets created recently)
• Indicators:
• MACD bullish crossover
• RSI still below extreme overbought (hovering around 68)
⸻
Bearish/Correction Scenario (If BTC Falls Below $97,700):
• Target: $96,000 (key support) or even $92,000 short-term
• Triggers:
• Profit-taking after big rally
• ETF inflows slowing down (e.g., VanEck’s flat inflow)
• Overbought RSI could lead to short-term selling
⸻
Neutral/Consolidation Possibility:
If BTC stays between $98,000–$104,000, we may see sideways action before the next breakout or breakdown.
⸻
Bottom Line: If Bitcoin maintains momentum and closes the week above $103K with strong volume, a push toward $109K looks likely. But any sharp rejection at resistance or ETF slowdown could trigger a dip.$BTC