$BTC #Consolidation: What's Next?
Bitcoin has been in a tight consolidation range lately, leaving many wondering about its next big move. 📉⬆️
We've seen strong support around $88,000, with resistance holding firm near $91,500. This period of sideways movement often precedes a significant breakout or breakdown.
Key things to watch:
* Volume: Is there increasing volume on either a push above resistance or a drop below support?
* Market Sentiment: How are investors feeling? Any major news or economic data on the horizon?
* Technical Indicators: What are the moving averages, RSI, and MACD telling us?
Are we about to see BTC rocket towards new highs, or is a dip on the cards? Keep
BTC
65,383.05
-0.48%
your eyes peeled and your strategies ready!