🚀 BTC Market Update: Consolidation Before the Next Big Move?
Bitcoin ($BTC) is currently putting on a masterclass in resilience! After a volatile start to the year, we are seeing a critical battle between bulls and bears at the $90,000 psychological level.
📊 The Technical Breakdown:
Support Found: Buyers have successfully defended the $90,000 floor. A secondary safety net is forming around the $88,000 zone.
Resistance Ahead: The main hurdle remains at $92,500 – $94,700. A clean daily close above this could ignite a "Monday Moon" effect.
Whale Activity: On-chain data shows whales are resetting leverage. This "clearing of the boards" is often the precursor to a sustained upside reversal.
💡 Trader’s Strategy:
While the trend is currently range-bound, institutional dip-buying remains aggressive. Watch for a breakout above $95k to confirm the next leg toward six figures! 🎯
What’s your move? HODL or Trade the Range? 👇
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