$BTC is consolidating after reaching strong upper resistance zones, testing liquidity near key short-term moving average boundaries.
Trend Structure: The macro trend remains macro-bullish, though lower timeframes display a temporary pull back into mid-range support clusters.
Immediate Resistance: Heavy overhead resistance sits around $107,700 – $109,300; clearing this zone with strong volume is needed to break toward new record highs.
Key Support: Primary short-term support rests at $105,600, with deeper structural demand anchored around $101,500 – $104,000.
Volume Analysis: Trading volume shows standard cooling during retest phases, with breakout confirmation requiring a fresh influx of buying pressure.#BitcoinStrongestWeekSinceMarch2023 #AnthropicIPOCouldTopSpaceXRecordReportsSay #NvidiaAIServerPricesRiseOver15% #BSTREndsCantorSPACGoPublicPlan
Trend Structure: The macro trend remains macro-bullish, though lower timeframes display a temporary pull back into mid-range support clusters.
Immediate Resistance: Heavy overhead resistance sits around $107,700 – $109,300; clearing this zone with strong volume is needed to break toward new record highs.
Key Support: Primary short-term support rests at $105,600, with deeper structural demand anchored around $101,500 – $104,000.
Volume Analysis: Trading volume shows standard cooling during retest phases, with breakout confirmation requiring a fresh influx of buying pressure.#BitcoinStrongestWeekSinceMarch2023 #AnthropicIPOCouldTopSpaceXRecordReportsSay #NvidiaAIServerPricesRiseOver15% #BSTREndsCantorSPACGoPublicPlan
