Accumulation Underway: Bitcoin’s Next Move Could Be ViolentBitcoin has shown a strong recovery after reclaiming the 50 EMA, which had been a major dynamic resistance across multiple levels. After accumulating between $83,000–$87,000, BTC broke out sharply and is now consolidating again just below a major resistance zone at $95,000–$97,000.
The current price action shows another accumulation phase just under resistance — similar to the previous pattern before the breakout.
A clean breakout above this resistance zone could explode Bitcoin toward $100,000+.
On the downside, if rejection occurs, the 50 EMA around $87,000 could act as strong support once again.
