🔄 Same story as yesterday : BTC remains in a clear accumulation/consolidation phase, tightly trapped between two supply zones.
🎯 Upper Bound : Around $103,800–$105,000, acting as resistance.
📉 Lower Bound : Around $101,500, holding as local demand/support.
🟩 FVG 1H zones continue to be respected, confirming this range as a battle zone between buyers and sellers.
🧠 What to Watch :
Break above $104K = Possible breakout toward $106K+.
Break below $101.5K = Could signal a deeper retrace before continuation.
⏳ Until then, it’s still range-bound → patience and wait for the breakout confirmation.
🎯 Upper Bound : Around $103,800–$105,000, acting as resistance.
📉 Lower Bound : Around $101,500, holding as local demand/support.
🟩 FVG 1H zones continue to be respected, confirming this range as a battle zone between buyers and sellers.
🧠 What to Watch :
Break above $104K = Possible breakout toward $106K+.
Break below $101.5K = Could signal a deeper retrace before continuation.
⏳ Until then, it’s still range-bound → patience and wait for the breakout confirmation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.