Bitcoin Faces a Critical Inflection Point as Volume Spikes - Breakout or Bull Trap? šā
$BTC is once again commanding market attention as 24h trading volume jumps sharply, signaling a return of active positioning across BTC and major altcoins. After weeks of indecision, this resurgence in activity indicates rising conviction - but Bitcoinās chart shows the market is entering a high-risk, high-reward zone rather than confirming a trend shift.
BTC is stabilizing nearĀ $92,000 after rebounding from theĀ $83,000 lower Bollinger Band. The price is now testing the 20-day MA and the middle band - both converging as resistance. Momentum is improving, with RSI recovering toward 50, but buyers havenāt secured control. A clean break aboveĀ $94,000ā$95,000 could trigger upside towardĀ $100,600, and potentiallyĀ $110,000ā$123,000 if follow-through demand persists.
However, volume alone doesnāt guarantee direction. Previous spikes near resistance were driven by short-term leverage and quickly unwound. A failure to maintain levels aboveĀ $92,000 raises the risk of a retracement towardĀ $86,800, with theĀ $82,900ā$83,000 zone acting as final structural support.
The next move matters: if volume remains elevated and BTC holds above resistance, momentum can flip decisively bullish. If not, the market may be preparing for another volatility-driven shakeout. In the current environment, precision and patience are strategic advantages.
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