Recent market movements have seen billions in liquidations, highlighting significant volatility. Bitcoin ($BTC) has experienced a notable period of consolidation.

The price has been largely range-bound between $86K–$90K for the past 10-13 days, leading to uncertainty and liquidations for both long and short positions. This narrow range has kept market participants cautious.

A deeper analysis of Bitcoin's structure reveals a familiar pattern. We observe a sharp drop into a strong demand zone, typically followed by consolidation and a gradual recovery. This specific zone has historically served as a robust base, and price is currently reacting from it once more. 📉📈

The broader bullish outlook for $BTC remains intact as long as it holds above the critical demand area of $76K–$80K. This zone has consistently attracted strong buying interest in the past.

Should momentum build from current levels, the next target could be $100K–$110K. A subsequent phase might see an expansion towards $120K and beyond. 🚀

This phase calls for strategic positioning rather than impulsive trades. Patience and careful observation are paramount.

The current market structure favors those who wait for clear signals. Significant price movements often occur when least expected by the majority. Stay vigilant. ✨