📊 $BTC Faces Resistance Below $100K!
Bitcoin has been unable to break $100,000 for the past eight days, holding a $1.9T market cap. Whale accumulation remains weak despite a slight recovery, signaling cautious sentiment. A lack of buying pressure could lead to further downside, while a breakout above key levels may spark bullish momentum.
🌥 Ichimoku Cloud Shows Market Uncertainty!
BTC is trading near the Ichimoku Cloud, but weak momentum suggests consolidation. The Kijun-sen & Tenkan-sen lines are close, reinforcing indecision. A thin cloud offers little resistance, and the Chikou Span hovering near price confirms market stagnation. Until the cloud expands, BTC’s trend remains unclear.
🐋 Whale Activity Still Weak!
Whale addresses (holding 1,000+ BTC) hit a yearly low of 2,034 on Jan 29, before slightly rebounding to 2,050. While some large holders are returning, strong accumulation is lacking. Without whale confidence, BTC could struggle to gain upward momentum.
🚀 BTC Price Prediction – Will It Reclaim $100K?
BTC trades near $96,700 support—a break below could lead to $91,274. Resistance at $97,766 is key for a push toward $100,222. If momentum strengthens, BTC may test $102,700 and possibly $106,300.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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