$BTC {spot}(BTCUSDT) 🚨📊 $BTC breaks above $104K amid fall
MFTrader
Updated at: 7 hours ago
{"content":"$BTC
{spot}(BTCUSDT)
🚨📊 $BTC breaks above $104K amid falling volatility and rising volume
After months of turbulence, the chart clearly shows:
🔹 Volatility (yellow line) has dropped significantly since April
🔹 Trading volume (gray bars) remains consistently high
🔹 #BTC price (red-green line) has surged past $ 100k and is holding around $104K
What this means:
📉 Declining volatility + strong volume suggests growing market consensus — large players are positioning for more upside.
💡 This behavior is typical of "consolidation above breakout" phases, often seen before the next leg higher.
The market isn’t panicking — it’s stabilizing.
📌 Market cap is hovering near all-time highs — participants are not exiting, even at elevated prices.
Conclusion:
BTC is holding strong. As long as volatility stays low and volume remains elevated, the bullish momentum stays intact.
We may be witnessing accumulation above $100K, not profit-taking.
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