Bitcoin $BTC is doing what it does best right now chopping around in a frustrating range while shaking out weak hands. The chart screams "indecision" more than anything directional, but the fact that sellers can't push it much below $95K despite the dip tells me buyers are still lurking. If we get a strong hourly/daily close above $95,600, shorts start getting squeezed and we likely see a fast move toward $98K+. On the flip side, a clean loss of $94.8K opens the door for more pain toward the $90K–$92K liquidity zone.
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Bitcoin $BTC is doing what it does best right now chopping around in a frustrating range while shaking out weak hands. The chart screams "indecision" more than anything directional, but the fact that sellers can't push it much below $95K despite the dip tells me buyers are still lurking. If we get a strong hourly/daily close above $95,600, shorts start getting squeezed and we likely see a fast move toward $98K+. On the flip side, a clean loss of $94.8K opens the door for more pain toward the $90K–$92K liquidity zone.