$BTC Bitcoin is currently in a very important zone. After a sharp rally near $95,000, the market has become stuck in a tight range, which usually happens before a major breakout.
Volume is low, but buyers are supporting the price on every dip, which indicates that large investors are still accumulating.
Technical Signals
The price is still above the long-term moving averages — the trend is bullish.
Exchange outflows are increasing — long-term holders are in buying mode.
A consolidation structure usually results in an upward breakout.
Where will the market go?
Most likely: an upward breakout.
If Bitcoin closes strongly above $96,000:
First target: $98,000 – $105,000
Next major level: $110,000+
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