Bitcoin is stuck between two important levels, and the market hasn’t made up its mind yet. A recent sharp move shook out over-leveraged traders, which is normal during uncertain phases. This kind of action is more about clearing risk than signaling a clear top or bottom.
The key support to watch is around 35,000. This area has attracted buyers before, and as long as price holds above it, a deeper drop is not confirmed. If Bitcoin falls below 35,000 and stays there, the chance of further downside increases.
On the upside, 150,000 remains a strong ceiling. Sellers keep stepping in near this level, showing the market isn’t ready to break higher yet. Bitcoin needs to move above 150,000 and hold to show real strength. Until one of these levels breaks and holds, patience matters most.
