Bitcoin has been testing the $60K area since February, and each visit keeps raising the same question: are we quietly watching a massive accumulation phase?



If this structure eventually confirms as a triple bottom, the move out of this range could be aggressive.

For now, there’s still no clear bullish confirmation, so I’m not rushing the call.

Sometimes the hardest trade is simply waiting.
BTC0.98%
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RollupStreetKid
· 3h ago
The 60,000 level has been tested back and forth for nearly three months; once it breaks out, the shorts could get badly liquidated.
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MarineYield
· 3h ago
In fact, institutions are also waiting for clear signals, so small investors shouldn’t be in a rush either. Patience is the biggest advantage.
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PositionBalancer
· 3h ago
I actually think it’s healthier to go down one more time—many people are still waiting for a pullback before jumping in.
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TimeTraveler
· 3h ago
Market sentiment is too divided—some people look at 40 thousand and others look at 100 thousand. In this situation, the more you analyze, the easier it is to get things wrong.
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PriorityPool
· 3h ago
Before the 2017 bull market, it also traded sideways for several months. Could history repeat itself this time?
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FearGreedMeter
· 3h ago
In fact, when a real breakout happens, it won’t give you many chances to get in. Laying out your position a bit in advance is fine too—build your position in batches.
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BuyTheDipSquad
· 3h ago
I support waiting, but you also need to set a stop-loss level. If it breaks 58,000, you should decisively get out.
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GateUser-0bb5fcf3
· 3h ago
Technicals: the daily MACD bottom (low-end) bullish divergence is still there, but before there’s volume expansion, it’s all just a false signal.
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