$BTC Long Set-up The U.S. just released the inflation data, and the data came almost exactly in line with expectations not too hot, not too cold. Right now the Federal Reserve is stuck in a difficult spot. If they cut interest rates too soon, inflation could rise again. But if they keep rates high for too long, the economy may start to slow down.
This situation actually works in Bitcoin’s favor. No matter which direction the Fed eventually takes, the purchasing power of traditional money keeps getting weaker over time. More liquidity usually means more currency in circulation, but Bitcoin’s supply doesn’t change. There will only ever be 21 million.
At the same time, large institutions continue to build their exposure, quietly increasing their holdings while the market moves sideways.
Price is grinding into resistance after an extended move higher. Structure looks stretched, with signs of supply absorbing upside momentum.
Entry: 101 – 106 SL: 117
Targets TP1: 96 TP2: 89 TP3: 80
Analysis: The recent advance appears more corrective than impulsive, with momentum beginning to stall near prior supply. Highs are being sold into rather than expanding with strong follow-through, indicating limited conviction from buyers at these levels. Price is struggling to break cleanly above resistance, suggesting distribution rather than accumulation. If this zone continues to reject price, rotation back toward lower liquidity levels becomes the higher probability scenario.