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esmeralda
@esmeralda
Bitcoin Price Analysis: After Hitting $100K, What’s Next for BTC? Bitcoin's price has dropped below the $100K mark after failing to hold above it, though $90K support remains intact. On the daily chart, the bullish structure suggests potential recovery, while the 4-hour chart shows price movement within an ascending channel, signaling a likely rally if the channel's upper boundary is breached. On-chain analysis reveals a significant drop in the exchange whale ratio, indicating reduced whale selling. The recent price consolidation appears linked to a futures market cooldown rather than a fundamental spot market shift, suggesting potential for further bullish momentum.
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