Bitcoin’s Tug-of-War Around $100,000: Where Does The BTC Price Go From Here?

Bitcoin (CRYPTO: BTC) remains in a tight channel around the $100,000 mark, sparking predictions among traders and technical analysts about a possible breakout soon.

What Happened: Technical analyst Kevin emphasized in his analysis on X on Thursday that BTC is consolidating within an upward trendline of support and the macro “golden pocket,” a zone defined by the previous bull market high and bear market low.

This tight consolidation won’t last long, Kevin predicts, as key upside liquidity blocks extend to $106,000.

This level aligns with the macro 1.703 Fibonacci (Fib) level on a linear chart.

Whale activity, such as significant call purchases for MicroStrategy stock,

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