🚀 Bitcoin at $96,714: What's Next for the King of Crypto?

Bitcoin's been stuck in a tight range lately—hovering between $93K and $103K. Everyone's asking: Is this just a pause before a breakout, or are we in for more consolidation? Let’s break it down. 👇

📊 What the Chart’s Telling Us:

🔹 $BTC is battling a big resistance at 100K —it’s a psychological barrier, but also a key technical level. Breaking it could send us flying toward a new ATH.

🔹 Support around $91K has held strong, showing buyers aren’t letting BTC slip too far.

🔹 MACD Indicator: The selling pressure seems to be fading, and a bullish crossover looks possible. Signs are looking good for some upside action soon.

🔹 The Bull Market Support Band (BMSB) is lining up for a bullish crossover on the daily chart—another green flag for the bulls!

But here’s the catch... Volume is still low, and retail traders are taking profits, which shows some are feeling cautious. On the flip side, long-term holders are pulling BTC off exchanges. Translation? These folks are bullish and planning to HODL for the big moves ahead. 🏗️

💭 What to Watch:

BTC might chop around below 100K for a bit longer unless we see a big spike in volume or fresh market momentum. That said, the technicals are turning greener by the day, so the breakout might just be warming up.

✨ Real Talk: Can we hit $110K+ in Q1 2025, or is that too ambitious? I’d love to hear your thoughts—drop a comment!