🦉 BTC Eyes ‘Healthy Pause’ Around $106K Before Price Picks Up Steam

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Bitcoin has recently posted a lower high and lower low on the daily chart, which could suggest some short-term downside ahead. On the Volume Profile, we can now identify two distinct trading ranges:

Range Value Area Low (VAL)    

Value Area High (VAH)

 Upper Range       $106,800 - $109,800

 Lower Range       $102,400 - $104,800

BTC is currently trading between these zones, facing strong resistance around the golden pocket retracement and the top of the lower range. This confluence could keep price action choppy in the short term as Bitcoin consolidates within this compression zone.

If price does break lower into the $102K–$104K region, I’m still not overly concerned. Structurally, BTC is forming a falling wedge—a bullish pattern—with two potential upside targets that point toward new highs. So even if we see a deeper pullback, it may simply be a healthy reset before the next leg up.

Book a free consultation at http://tacticaltradinghub.com to get started. See you on the inside!

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T’S HOOT’S OF ENLIGHTENMENT - THE THEORY 💡

The Bitcoin Theory refers to the underlying principles and philosophy behind Bitcoin’s creation and operation. It is based on the idea of a decentralized, peer-to-peer digital currency that enables secure, borderless transactions without the need for intermediaries like banks or governments. Introduced in the 2008 whitepaper by the pseudonymous Satoshi Nakamoto, Bitcoin was designed to solve the problem of trust in digital payments by using cryptographic proof and a distributed ledger called the blockchain.

Key components of Bitcoin Theory include the use of proof-of-work to secure the network, a fixed supply of 21 million coins to prevent inflation, and the concept of digital scarcity. It promotes individual financial sovereignty, transparency, and resistance to censorship. Bitcoin Theory also includes economic incentives for participants, like miners and nodes, to maintain network integrity and consensus.

There are varying interpretations of Bitcoin Theory. For example, Bitcoin SV (Satoshi Vision) claims to follow Nakamoto’s original intent, emphasizing scalability and microtransactions. Others see Bitcoin more as digital gold—a store of value rather than a payment system.

Overall, Bitcoin Theory combines computer science, economics, and cryptography to create a new paradigm for money—open, programmable, and independent of central authority.

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