Bitcoin is currently trading around a key demand zone after the recent pullback. The price rejected lower levels multiple times, which indicates buyers are defending this area strongly.
Technically, $BTC is forming a consolidation structure. If the price breaks above the near resistance, momentum could push it toward the next higher liquidity zone. However, losing this support may trigger a deeper correction.
My analysis: This looks more like an accumulation phase rather than a bearish trend. Big players usually build positions during low volatility and fear in the market.
For now, the smarter approach is patience — wait for confirmation instead of chasing candles.
BTC holding a strong support zone and showing a clear rejection from lower levels. Buyers are slowly stepping in, which often appears during accumulation phases.
If resistance breaks, momentum could push price higher. For now, patience > FOMO. Watching closely 👀
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