$BTC Bitcoin is currently trading within a consolidation range after facing rejection at a key resistance zone. Price action suggests the market is stabilizing as buyers and sellers remain balanced. On the higher timeframe, BTC continues to hold a structurally bullish bias, while short-term momentum remains neutral due to declining volume.
Strong demand is visible near the lower support area, indicating accumulation on pullbacks. However, a confirmed breakout above resistance is required to validate the next bullish continuation. Until then, prices may continue moving sideways with controlled volatility.
A breakdown below support could lead to a short-term correction, but overall market structure remains intact unless key levels are lost.
Market Overview
Trend: Neutral to Bullish
Structure: Consolidation within an uptrend
Momentum: Building
Volatility: Moderate
Market Pick / Bias
Bias: Buy-side interest on support; confirmation-based breakout approach
Bullish Scenario: Sustained move above resistance zone
Risk Level: Medium (range-bound market)
