$BTC Bitcoin 👀 forming pattern between Bulls and Bears

Price holding strong

BTC is around $105400 ticking up a touch since yesterday. Intraday range spans $105000 to $106500 approximately.

Consolidation near resistance

After rallying to all time high recently Bitcoin has pulled back slightly. It’s hovering near $105500 with momentum cooling off.

Technicals signal support

Short-term charts show BTC forming a pattern that suggests a floor around $104K–$108K. If that holds, bulls might push next toward $120K and If not $95K could be next downside targets.

Volatility calmly simmering

Implied drop in realized volatility shows BTC is more stable than it was in early 2025. Though analysts are watching for a volatility spike.

Macro and onchain backdrop

Supply keeps tightening, with large coins flowing off exchanges. Meanwhile, looming US inflation and Fed data could shake things up.

👀 In short: Bitcoin’s in a chill zone consolidating after a big run, finding footing around $105K and waiting on macro cues. Next moves likely hinge on whether support holds and how US policy data hits this week.