Bitcoin is currently showing signs of consolidation after recent volatility. Price action suggests BTC is moving within a key range, indicating a possible breakout or breakdown in the coming sessions.

🔍 Technical Analysis:

BTC is holding above a strong support zone, which shows buyers are still active.

Volume has decreased slightly, usually a sign that a bigger move is building.

RSI is near the neutral level, meaning the market is neither overbought nor oversold.

Moving averages are flattening, often seen before a trend continuation or reversal.

📈 Bullish Scenario: If BTC breaks and closes above the immediate resistance level with strong volume, we could see a bullish move toward the next resistance zone. This may trigger short-term momentum buying.

📉 Bearish Scenario: If BTC fails to hold its current support, a pullback toward the lower support area is possible before any recovery.

🔮 Prediction: In the short term, Bitcoin is likely to make a decisive move soon. The trend remains cautiously bullish as long as key support holds. Traders should wait for confirmation before entering positions.

⚠️ Disclaimer:

This analysis is for educational purposes only and not financial advice. Always do your own research (DYOR) and manage risk properly.