This consolidation is setting the stage for the next major move. Markets rarely move in a straight line; they require "zigzag" momentum to build strength.

After a sharp drop like the one we’ve seen, many retail traders are wiped out, and spot holders often panic-sell during the resulting consolidation. However, we must understand that the market needs time to regain momentum before it can bounce back.

The Next Expected Move for $BTC

There is a massive amount of liquidity sitting to the upside, which the market will likely "hunt" sooner or later. Specifically, there is a major horizontal resistance zone between $100k and $110k.

I expect Bitcoin to rally toward this level. Once there, the price action will determine our long-term direction:

Bullish Scenario: A break and sustained hold above $110k will trigger a massive breakout, potentially leading to new all-time highs.

Bearish Scenario: If the price is rejected from this zone again, it would be a bad sign for the bulls and could trigger significant downside pressure, potentially marking the start of a bear market.

Patience is key during this consolidation phase! What you think will $BTC reclaim $100k in 2025??