Bitcoin Outlook: Watch for Breakout or Breakdown

I can't definitively say whether Bitcoin will go up or down right now — the market is rangebound and reactive to macro news and on-chain flows.

I watch momentum, exchange flows, futures positioning and macro drivers (rates, USD strength). A decisive breakout above resistance would signal further upside, while a clean break below support would suggest deeper losses.

For now I prefer to watch, size positions cautiously, set clear entry/exit rules, and avoid guessing direction until price gives a clear signal.