Bitcoin Analysis: Bullish Momentum Building?
Bitcoin is currently facing strong resistance around the $101,800 mark, with repeated attempts to break through being met with heavy sell-offs. Despite significant buy volumes, the resistance remains intact, suggesting that major players or whales are actively protecting this zone.
Why? It's likely that once BTC decisively breaks this level, it could trigger a strong bullish rally toward higher targets. However, the timing seems deliberate—whales and institutions appear to be accumulating before allowing the breakout.
This move could happen as soon as today or tomorrow, so traders should stay alert. Rising volume and accumulation hint at an imminent bullish run. If BTC breaks $101,800 with a significant push—think a 1-minute candle reaching $102,000 or even $102,500—it will confirm the rally's start.
Following this breakout, we can expect altcoins to follow suit as market momentum shifts. This is just my perspective—feel free to share your own insights below.
The bullish run is near. Stay ready.
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