Saad Ullah
⬤ BTC is sitting in consolidation mode after smashing through new all-time highs, currently trading around $94,000 on the weekly chart. Bitcoin has already done the heavy lifting by pulling liquidity into the market and now appears to be stabilizing above a major demand area. The charts show BTC holding just above a key support zone between the mid-$80Ks and low $90Ks following a pullback from recent peaks.
⬤ At this stage, BTC typically enters sideways action, giving other parts of the crypto market room to run while Bitcoin maintains its structure. The main goal right now isn't an immediate rally—it's avoiding a breakdown below the current consolidation range. So far, the price structure is holding firm, with weekly candles forming a solid base near this support region.
⬤ The upside picture includes projected targets with a 2025 high marked near $125,000 and a further extension around $156,000. But the focus stays on stability at current levels rather than chasing a breakout. Volume patterns look mixed on the weekly timeframe, which fits the consolidation scenario where BTC builds support after a strong climb.
Saad Ullah
