Bitcoin Market Update: Consolidation at $95K, Volume Decline, and Key Levels for the Next Move

4 hours ago 22

Michael P. Di Fulvio

The Capital

OpenAI DALL-E3 by Author

Bitcoin’s current price action between $94K and $100K represents a high-stakes consolidation phase, where both buyers and sellers are competing for control. The weekly and daily charts reveal that Bitcoin remains in a structural uptrend, but momentum has slowed, leading to lower volatility and declining trading volume.

This phase follows Bitcoin’s parabolic rally from $45K to over $105K, a move that mirrors past cycles, where an initial post-halving breakout led to a consolidation period before further expansion. However, ETF-driven demand, institutional accumulation, and macroeconomic conditions suggest that this cycle may not yet be over, and a push toward $150K–$180K remains in play.

This report provides a comprehensive technical and on-chain analysis, covering:

  • Bitcoin’s current price action and volume trends
  • How this cycle compares to past cycles and why it is different
  • Institutional accumulation and ETF-driven supply constraints
  • Macroeconomic and regulatory influences on Bitcoin’s next move
  • Key price levels for the
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