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Bitcoin Faces Potential Breakout After Extended Consolidation
Following roughly two months of sideways trading and choppy price action, Bitcoin appears positioned for a significant move. Market conditions suggest heightened volatility ahead, with strengthening momentum indicators pointing toward an eventual breakout.
The extended consolidation period has tightened price ranges and built anticipation among traders. Once buyers and sellers reach consensus, expect sharp directional movement—either upside or downside—as accumulated trading pressure releases. This phase typically precedes notable rallies in the current cycle.
Keep watch on key resistance and support levels as Bitcoin works through this critical juncture.