$BTC

$BTC Takes a Breather: Consolidation or Correction?

$BTC is in a holding pattern today, trading around the $108,500 mark after facing resistance near the recent $110k highs. We're seeing lower trading volumes, suggesting a potential consolidation phase.

Key levels to watch:

* Support: Holding steady above the $107,000-$107,500 zone is crucial. A dip below could test the $106k support.

* Resistance: A clear break above $110,000 is the first challenge, with all eyes on the all-time high just above $112,000.

Whale activity seems to be slowing down, indicating some indecision in the market. Is this a healthy pause before the next leg up, or is a deeper pullback on the cards?

Share your thoughts below!

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