#BTCMarketAnalysis #BTCMarketAnalysis Bitcoin has just surprised the market by breaking through $96,000, and there's something distinct about this move compared to previous surges. I'm observing not only buying during the breakout but also strong defense against small dips, supported by substantial volume. My analysis of the order flow indicates that this is not retail FOMO but rather large investors quietly building positions while others question if it's too late. This suggests that the real movement is still building, not concluding.
Interestingly, sellers have completely failed to push the price back under the former resistance zone. I've seen this pattern many times before significant continuation phases. It's essential to grasp market conditions, not just the price. When the structure shifts like this, it often paves the way for rapid expansion phases.
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#BTCMarketAnalysis #BTCMarketAnalysis Bitcoin has just surprised the market by breaking through $96,000, and there's something distinct about this move compared to previous surges. I'm observing not only buying during the breakout but also strong defense against small dips, supported by substantial volume. My analysis of the order flow indicates that this is not retail FOMO but rather large investors quietly building positions while others question if it's too late. This suggests that the real movement is still building, not concluding.
Interestingly, sellers have completely failed to push the price back under the former resistance zone. I've seen this pattern many times before significant continuation phases. It's essential to grasp market conditions, not just the price. When the structure shifts like this, it often paves the way for rapid expansion phases.