The market is holding its breath. Bitcoin is consolidating in a narrow range of $90,170 – $91,247, showing lethargy and indecision. The million-dollar question: is this accumulation before a breakout?
The technique says the following:
· Price: Trading at the lower Bollinger band ($81,011). A strong rebound signal is currently absent, but the space for a decline is limited. · Volatility: The Bollinger Bands are narrow. This is the classic "calm before the storm". A strong impulse is preparing - the question is the direction. · RSI: 51.7 — absolute neutrality. The indicator does not give clear signals, the market is in equilibrium.
Verdict:
The bottom is likely formed. But this is not the launch start, but a phase of accumulation. Large players are not selling, volumes are moderate.
For a confident ascent to $100,000, a trigger is needed:
1. Fixing above the key resistance level $92,700 (Bollinger middle line). 2. Increase in volumes on breakout. Without this, any upward movement will be weak and short-term.
While the market has not shown strength, a sideways trend dominates. We are waiting for a clear signal. All energy for the movement towards $100k is concentrated — only a catalyst is needed.
⚠️Your trading is your responsibility. Analysis is not a call to action. #BitcoinPriceWatch
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$BTC BTC: Bottom or calm before the storm?
The market is holding its breath. Bitcoin is consolidating in a narrow range of $90,170 – $91,247, showing lethargy and indecision. The million-dollar question: is this accumulation before a breakout?
The technique says the following:
· Price: Trading at the lower Bollinger band ($81,011). A strong rebound signal is currently absent, but the space for a decline is limited.
· Volatility: The Bollinger Bands are narrow. This is the classic "calm before the storm". A strong impulse is preparing - the question is the direction.
· RSI: 51.7 — absolute neutrality. The indicator does not give clear signals, the market is in equilibrium.
Verdict:
The bottom is likely formed. But this is not the launch start, but a phase of accumulation. Large players are not selling, volumes are moderate.
For a confident ascent to $100,000, a trigger is needed:
1. Fixing above the key resistance level $92,700 (Bollinger middle line).
2. Increase in volumes on breakout. Without this, any upward movement will be weak and short-term.
While the market has not shown strength, a sideways trend dominates. We are waiting for a clear signal. All energy for the movement towards $100k is concentrated — only a catalyst is needed.
⚠️Your trading is your responsibility. Analysis is not a call to action.
#BitcoinPriceWatch