$BTC is continuing its sideways movements as expected. A small symmetrical triangle has formed on lower time frames, and a breakout from this pattern will likely determine the next major move. The support area lies between $102,600–$103,000, while the resistance zone is around $106,200–$106,800. Traders are closely watching for volume spikes to confirm direction.

Key Features of Bitcoin include:

Decentralized digital currency powered by blockchain technology

Fixed supply of 21 million coins, creating scarcity

Secure and transparent ledger through proof-of-work consensus

Global acceptance and high liquidity

Store of value and hedge against inflation

These technical and fundamental factors continue to influence market sentiment and trading behavior. A triangle breakout will likely lead to increased volatility, with bulls and bears both waiting for confirmation.