Bitcoin Macro View: Calm Before the Next Move?

[Victoria01]

We’ve been in an uptrend since August 2024, and right now $BTC is hovering around $105K after a strong rebound from the $101K zone. The total market cap’s sitting near $3.55T, and this consolidation feels more like a retest of strength than weakness - the market’s pausing, not falling.

$BTC bounced cleanly from $101K, holding the bullish structure with targets around $108K–$109K. If we hold above $101K, momentum stays alive - lose it, and things get tricky.

Personally, I see this as the classic calm before the next big breakout. What do you think - is BTC just coiling up for another run?

[Panos Markovits]

We’ve been in an uptrend since August 2024, and right now $BTC is hovering around $105K after a strong rebound from the $101K zone. The total market cap’s sitting near $3.55T, and this consolidation feels more like a retest of strength than weakness - the market’s pausing, not falling.

$BTC bounced cleanly from $101K, holding the bullish structure with targets around $108K–$109K. If we hold above $101K, momentum stays alive - lose it, and things get tricky.

Personally, I see this as the classic calm before the next big breakout. What do you think - is BTC just coiling up for another run?

The data you presented looks good, but pay attention to the market's weekly performance. Many market participants will view the initial impact of the government shutdown as a positive signal, and considering the policies implemented, it may only be superficial. The market will be volatile again from this Friday through next Monday, so expectations are likely to be very cautious. There won't be any encouraging movement in the near term.

[adaseb]

We’ve been in an uptrend since August 2024, and right now $BTC is hovering around $105K after a strong rebound from the $101K zone. The total market cap’s sitting near $3.55T, and this consolidation feels more like a retest of strength than weakness - the market’s pausing, not falling.

$BTC bounced cleanly from $101K, holding the bullish structure with targets around $108K–$109K. If we hold above $101K, momentum stays alive - lose it, and things get tricky.

Personally, I see this as the classic calm before the next big breakout. What do you think - is BTC just coiling up for another run?

I dont think the markets are calm right now. Ever since Trumps Oct 10 tariff scare the markets are on the edge and there is poor liquidity some days. We also arent ranging we are heading downwards somewhat. If we were trading in the $120-126K range then you could say we might trade sideways for a few days and then eventually break the prior ATH. However this is not the case here.

With holidays approaching I dont think we will head downwards too much or break to a new high until next year most likely. The markets are always quiet in December and we are still on the edge whether the Fed will cut in December or not. So far there is a 70% chance of a cut.

[dunfida]

We’ve been in an uptrend since August 2024, and right now $BTC is hovering around $105K after a strong rebound from the $101K zone. The total market cap’s sitting near $3.55T, and this consolidation feels more like a retest of strength than weakness - the market’s pausing, not falling.

$BTC bounced cleanly from $101K, holding the bullish structure with targets around $108K–$109K. If we hold above $101K, momentum stays alive - lose it, and things get tricky.

Personally, I see this as the classic calm before the next big breakout. What do you think - is BTC just coiling up for another run?

I dont think the markets are calm right now. Ever since Trumps Oct 10 tariff scare the markets are on the edge and there is poor liquidity some days. We also arent ranging we are heading downwards somewhat. If we were trading in the $120-126K range then you could say we might trade sideways for a few days and then eventually break the prior ATH. However this is not the case here.

With holidays approaching I dont think we will head downwards too much or break to a new high until next year most likely. The markets are always quiet in December and we are still on the edge whether the Fed will cut in December or not. So far there is a 70% chance of a cut.

The market does look tense right now even though Bitcoin is still holding above $100k the overall sentiment feels uncertain rather than calm the rebound from $101k was strong but momentum hasn’t been consistent and every move up meets quick selling pressure the tariff news and weak liquidity you mentioned are definitely weighing on things and that makes the short term structure fragile even if the bigger picture still leans bullish.

If the price stays between $101k and $108k this could just be consolidation before the next push higher but it’s hard to call it the calm before a breakout when macro factors are still shaking confidence investors are cautious and trading volume isn’t strong enough to support a big move yet. The coming weeks might stay flat or slightly downward especially with the holidays around the corner markets tend to slow down as large players close positions or avoid major risk and the uncertainty about the Fed’s decision adds another layer if that rate cut happens in December it could bring fresh optimism and possibly a renewed rally if not we might see a sideways to soft bearish phase into early next year.