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Bitcoin’s Price Compression Signals Imminent Breakout Range

  • Bitcoin's price is currently consolidating within a tight range of $100K to $110K, displaying a pattern of higher lows and lower highs, indicating compression.
  • Despite external uncertainties, Bitcoin has maintained its structural integrity within the range, with each pullback being met with stronger support.
  • The battle for Bitcoin's price action is concentrated within the $100,000–$110,000 range, forming a symmetrical triangle pattern.
  • Swissblock suggests that Bitcoin is absorbing stress and forming another higher low, hinting at an imminent breakout.
  • On-chain and trading volume data support the compression narrative, with high liquidity in the $100K–$110K range, signaling a potential launchpad for a directional move.
  • While a breakout direction is uncertain, reduced volatility in the short term indicates an upcoming significant price move.
  • Analysts caution that Bitcoin's technical setup is nearing its apex, with momentum favoring the bulls as long as higher lows are maintained above $100K.

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