
Bitcoin is trading near its current range, showing hesitation after the recent move.
Price failed to get strong acceptance above resistance, and volume remains average.
This suggests buyers are active, but not aggressive enough for a clean breakout.
As long as $BTC stays range-bound, volatility spikes and fake moves are likely.
A confirmed breakout needs strong volume and a hold above key levels.
Short-term: BEARISH → neutral at best.
Here’s why (logic, not vibes):
$BTC failed to hold above resistance — that’s a rejection, not strength.
Volume doesn’t support a bullish breakout. No participation = no continuation.
Structure is still range-bound, and ranges favor fake upside moves.
Until price reclaims and holds key levels, upside is capped.
When it turns bullish:
Only if BTC breaks resistance with volume and holds the level on retest.
Bottom line:
Calling it bullish right now is coping. The chart says wait or expect downside volatility, not moon.