Bitcoin is in a consolidation/weak phase, not strong bullish momentum currently.
If it can break above ~$105K with conviction, then next leg up may be possible; but for now, downside risk is non‑trivial.
For someone holding long term, this might be a period to watch rather than rush in. For short‑term trading, watching support/resistance zones and broader market cues make sense. #CoinDeskNovGateReportComing $BTC
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Bitcoin is in a consolidation/weak phase, not strong bullish momentum currently.
If it can break above ~$105K with conviction, then next leg up may be possible; but for now, downside risk is non‑trivial.
For someone holding long term, this might be a period to watch rather than rush in. For short‑term trading, watching support/resistance zones and broader market cues make sense.
#CoinDeskNovGateReportComing $BTC