Bitcoin Price Analysis: Major Pullback or Explosive BTC Breakout Next?

Jan 17, 2026 - 04:45
Bitcoin Price Analysis: Major Pullback or Explosive BTC Breakout Next?
Bitcoin is grinding higher into a heavy resistance pocket while spot supply on exchanges keeps shrinking. Structurally, that’s a bullish backdrop, but technically, the price is pressing right into an area where profit-taking is expected. Therefore, either the price breaks and holds above this ceiling, or a corrective pullback into the mid-range would occur. Bitcoin...

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