Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once the current corrective consolidation phase concludes.<\/p>\n
Bitcoin remains in a consolidation phase after failing to reclaim the key $108K resistance zone. This price behavior suggests that profit-taking is occurring at this crucial level, increasing selling pressure and triggering a mild retracement. However, Bitcoin still exhibits strong bullish momentum, evidenced by its recent impulsive moves toward this resistance.<\/p>\n
As such, once the ongoing consolidation ends, a renewed bullish surge is expected. The price may retrace further toward the key $98K\u2013$100K support range, where new demand is likely to enter and fuel the next rally. This could pave the way for a fresh attempt at a new all-time high in the mid-term.<\/a><\/p>\n In the 4-hour timeframe, BTC continues to trade within a short-term ascending channel, forming higher highs and higher lows\u2014an indication of a bullish structure. The recent consolidation has led to a pullback toward the channel\u2019s lower boundary at $100K, a major psychological support level.<\/p>\n If this support holds, a rapid rebound toward the $109K ATH appears likely. However, if the price breaks below the channel, the consolidation could extend further, with a decline toward the $98K support range becoming the probable scenario.<\/p>\n Ultimately, Bitcoin\u2019s next move hinges on how the price behaves around the ascending channel\u2019s lower boundary.<\/a><\/p>\n Bitcoin\u2019s interaction with the Realized Price of long-term holders\u2019 UTXOs has historically served as a reliable indicator of market direction, as it reflects the average acquisition cost of these key investors. This metric often acts as a dynamic support or resistance level.<\/p>\n Currently, Bitcoin has successfully reclaimed the Realized Price of the 3\u20136 month holder cohort, suggesting that these important market participants are now in overall profit. This development is typically seen as a bullish signal.<\/p>\n However, a short-term corrective retracement toward this level, currently around $98K, remains a likely scenario, as the market consolidates and searches for fresh demand. The $98K zone stands as a critical support range. A strong rebound from this level could confirm it as a solid foundation and potentially ignite a fresh uptrend, aiming for a new all-time high.<\/a><\/p>\n The post Bitcoin Price Analysis: Is BTC\u2019s Consolidation Phase Nearing Its End?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once the current corrective consolidation phase concludes. Technical Analysis The Daily Chart Bitcoin remains in a consolidation phase after failing to reclaim the key $108K resistance […]<\/p>\n","protected":false},"author":0,"featured_media":67234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67233"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67234"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The 4-Hour Chart<\/h3>\n
On-chain Analysis<\/h2>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nIn the 4-hour timeframe, BTC continues to trade within a short-term ascending channel, forming higher highs and higher lows\u2014an indication of a bullish structure. The recent consolidation has led to a pullback toward the channel\u2019s lower boundary at $100K, a major psychological support level.<\/p>\nIf this support holds, a rapid rebound toward the $109K ATH appears likely. However, if the price breaks below the channel, the consolidation could extend further, with a decline toward the $98K support range becoming the probable scenario.<\/p>\nUltimately, Bitcoin\u2019s next move hinges on how the price behaves around the ascending channel\u2019s lower boundary.<\/a><\/p>\nOn-chain Analysis<\/h2>\nBitcoin\u2019s interaction with the Realized Price of long-term holders\u2019 UTXOs has historically served as a reliable indicator of market direction, as it reflects the average acquisition cost of these key investors. This metric often acts as a dynamic support or resistance level.<\/p>\nCurrently, Bitcoin has successfully reclaimed the Realized Price of the 3\u20136 month holder cohort, suggesting that these important market participants are now in overall profit. This development is typically seen as a bullish signal.<\/p>\nHowever, a short-term corrective retracement toward this level, currently around $98K, remains a likely scenario, as the market consolidates and searches for fresh demand. The $98K zone stands as a critical support range. A strong rebound from this level could confirm it as a solid foundation and potentially ignite a fresh uptrend, aiming for a new all-time high.<\/a><\/p>\nThe post Bitcoin Price Analysis: Is BTC\u2019s Consolidation Phase Nearing Its End?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once the current corrective consolidation phase concludes. Technical Analysis The Daily Chart Bitcoin remains in a consolidation phase after failing to reclaim the key $108K resistance […]<\/p>\n","protected":false},"author":0,"featured_media":67234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67233"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67234"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/BTC-D-4-scaled.jpg\"){kind=link}
![<\/a><\/p>\nOn-chain Analysis<\/h2>\nBitcoin\u2019s interaction with the Realized Price of long-term holders\u2019 UTXOs has historically served as a reliable indicator of market direction, as it reflects the average acquisition cost of these key investors. This metric often acts as a dynamic support or resistance level.<\/p>\nCurrently, Bitcoin has successfully reclaimed the Realized Price of the 3\u20136 month holder cohort, suggesting that these important market participants are now in overall profit. This development is typically seen as a bullish signal.<\/p>\nHowever, a short-term corrective retracement toward this level, currently around $98K, remains a likely scenario, as the market consolidates and searches for fresh demand. The $98K zone stands as a critical support range. A strong rebound from this level could confirm it as a solid foundation and potentially ignite a fresh uptrend, aiming for a new all-time high.<\/a><\/p>\nThe post Bitcoin Price Analysis: Is BTC\u2019s Consolidation Phase Nearing Its End?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once the current corrective consolidation phase concludes. Technical Analysis The Daily Chart Bitcoin remains in a consolidation phase after failing to reclaim the key $108K resistance […]<\/p>\n","protected":false},"author":0,"featured_media":67234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67233"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67234"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/BTC-4H-7-scaled.jpg\"){kind=link}
![<\/a><\/p>\nThe post Bitcoin Price Analysis: Is BTC\u2019s Consolidation Phase Nearing Its End?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once the current corrective consolidation phase concludes. Technical Analysis The Daily Chart Bitcoin remains in a consolidation phase after failing to reclaim the key $108K resistance […]<\/p>\n","protected":false},"author":0,"featured_media":67234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67233"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67234"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Bitcoin-Realized-Price-UTXO-Age-Bands-scaled.jpg\"){kind=link}