Bitcoin looks quiet, but it’s not weak.🔥

Last 24h BTC barely moved (-0.2%). Even on the weekly chart, price is almost flat. Many traders are calling this a range market — but under the surface, the structure is improving.

On the daily chart, BTC continues to hold the $90,100 zone. Despite multiple attempts, sellers failed to break this level convincingly.

One interesting signal comes from On-Balance Volume (OBV).

Between Dec 9–11, price formed a lower high, while OBV made a higher high.

Then again, between Dec 10–12, price made a lower low, but OBV printed a higher low.

This tells a clear story: selling pressure is fading, even though price hasn’t broken out yet.

On-chain data supports this view.

Long-term holders are selling less compared to earlier in the week, and entities holding 1,000+ BTC remain near a 6-month high. While price moved sideways, whales continued to accumulate.

That divergence matters.

For confirmation, BTC needs a daily close above $94,600.

If that happens, the next resistance is around $99,800, followed by $107,500.

On the downside, losing $90,000 would weaken this setup, with supports near $89,200 and $87,500.

For now, BTC is consolidating — not breaking down.

Patience is required.

Levels matter. Structure matters.🔥

#BTC #Bitcoin #CryptoTrading #PriceAction #OnChain