$BTC Preparing for Another Sideways Range? 📊
It looks like $BTC is entering another consolidation phase. Price action is tightening, volatility is decreasing, and momentum indicators suggest a potential sideways range forming.
This kind of consolidation could last for a few weeks before the market decides its next major move. If bearish pressure builds up, we might see continuation toward the next downtrend. However, as always, confirmation is key — watch for breakout or breakdown levels.
Traders should stay patient, manage risk carefully, and avoid overleveraging during choppy conditions.
What’s your outlook on BTC — accumulation or distribution? 👀
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BTC
66,297.33
-1.67%