Bitcoin Trapped in a Range – Which Way Will It Break?

BTC is currently accumulating within a marked zone, trading within a broad range of approximately $17,800. The previous resistance line has now turned into support, indicating a possible consolidation phase before the next move.

The price is fluctuating near the 50 EMA ($97,811.26), which may act as dynamic resistance. A breakout above this level could signal renewed bullish momentum, while failure to hold support may lead to further downside.