Hey traders, let's talk BTC strategy amid this nail-biting consolidation. As of now, Bitcoin's hovering around $88,000, down about 1.1% in the last 24h, with market cap steady at roughly $1.7T (based on fresh data). The Bollinger Bands are squeezing tight classic setup for a volatility explosion, likely breaking out soon from this symmetrical triangle.
Short-term? Bearish vibes dominate: RSI dipping below 50 on multiple frames, MACD signaling downside, support at $87,000 holding but fragile. Whales are accumulating on dips, though, per on-chain flows. News flash: Analysts like JPMorgan eyeing $170K by year-end, fueled by institutional inflows and ETF billions. But macro liquidity drain from Fed keeps me cautious holiday thin volumes scream whipsaws! 😬
My play: Dollar-cost average in small bites if we hold $87K, scaling up on a bullish breakout above $90K. Long-term? Bullish af—150K+ feels inevitable with adoption surging. Don't FOMO; patience pays. What's your move? 🚀📉