Bitcoin (BTC) is holding firm around Rs 122,162, showing a mild +0.38% gain in the past 24 hours. After touching a 24h high of Rs 124,197, the market has started to consolidate â forming a tight trading range between Rs 121,068 and Rs 124,000.
The RSI (53.28) indicates balanced momentum â neither overbought nor oversold â suggesting that traders are waiting for a strong move before taking new positions. đ
Meanwhile, the Bollinger Bands are narrowing, hinting at a possible volatility squeeze ahead. If BTC manages to close above Rs 123,037, we could see a bullish breakout. However, a drop below Rs 121,400 might invite short-term selling pressure.
Now is the time for smart traders to stay alert â as the calm before the storm often brings golden opportunities. âĄ
đ Are you ready for the next BTC move?


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