๐ BTC Today: Tight Range, Coiled Spring
Bitcoin is currently exhibiting cautious market sentiment and remains range-bound.
Price Action: BTC is trading in a tight range, holding firm around the $121K to $125K zone.
Sentiment: The market is "awaiting clearer macro signals," which has led to subdued movement.
Outlook: Some analysts view this as a "healthy consolidation" phaseโa "coiled spring" storing potential energy for the next breakout, maintaining a decisively bullish long-term view as long as it sustains these levels.
โIn short, it's a day of low volatility and consolidation as the market digests recent moves.$BTC
BTC
89,979.12
-2.64%
