BTC Is Still Trapped Inside the Box
Bitcoin is currently consolidating inside a clear range between $90.2K and $91.3K after being strongly rejected from $92.5K. This price action suggests distribution rather than accumulation at this stage.
On the 4H timeframe, BTC remains below the MA50, indicating that the broader momentum is still weak. Moving averages are compressed, showing a lack of directional conviction. RSI is hovering below neutral, leaving room for further downside liquidity grabs.
On 1H and 15M, multiple attempts to reclaim the top of the range have failed with declining volume, a classic sign of buyer exhaustion. The sharp rejection from $92.5K reinforces the idea that higher prices are currently being sold into by larger players.
Key takeaway:
BTC is not ready for a clean breakout yet. A real breakout only becomes valid with:
• A strong 1H close above $91.3K
• Noticeable volume expansion
• Successful retest holding above the range
Until then, this remains a market maker range, where liquidity is hunted on both sides. Expect fake breakouts and stop hunts before any decisive move.
📌 Patience beats prediction in a boxed market.$BTC