$BTC Update – Consolidation Phase
#Bitcoin is consolidating following a strong upward move. Price is currently holding above a key support zone around $84,000–$85,000, while encountering resistance near $92,000–$94,000.
This range is critical and will likely determine the next significant move:
Break above resistance: Potential continuation of bullish momentum.
Break below support: Possible deeper retracement toward lower support levels.
Recommendation: Exercise patience and allow the market to confirm direction before taking new positions. Monitoring volume and momentum indicators in this range may provide additional clarity for entry or exit strategies.
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