$BTC feels that it is holding its breath, consolidating around the $105,000-$106,000 mark. After a strong recovery from recent declines, there is a sense of uncertainty in the urgent market. Although the overall macro trend remains bullish, resistance around $106,800 is proving to be tough. Some leveraged traders are even betting on a decline, but historically the market often moves against the crowd. This is a game of observation, with eyes on key support levels and any strong volume breakouts to determine the next step.
