Bitcoin has been pretty dull this year, hasn’t it? Even rate cuts barely move the needle anymore, at least these tiny, homeopathic ones we’re getting these days.
From a chart perspective we’re still stuck in the middle of nowhere: support around 74k, and that 100–105k zone standing in the way of any real bullish continuation.
So what pops first? 75k or 120k?
My bet is on the former. One more leg down, new local low… maybe even the start of a longer bear phase.