BREAKING OUT? $BTC Consolidating Just Under Key Resistance! 📈
The market is showing serious compression right now. If you look closely at the charts, price action has been grinding sideways just below the major resistance zone without a strong rejection from the bears.
What this usually means: When price constantly presses against a ceiling without pulling back, buy volume is silently absorbing the sell walls. A clean break and hold above this level could easily trigger a massive liquidity squeeze to the upside.
💡 My Strategy: I’m not shorting into this compression. Waiting for a daily candle close confirmation to scale into a long position.
👇 What’s your move? Are you bidding the breakout or waiting for a dip? Drop your targets below!