Bitcoin: Wait for a Confirmed Breakout Before Scaling In

I view Bitcoin as range-bound with meaningful upside only after a clear breakout above recent resistance; until then, price action looks like consolidation driven by macro headlines and variable institutional flows. I think on-chain metrics and ETF/inflow data will continue to be the main catalysts that decide direction in the medium term.

I expect episodic volatility — good for active traders but risky for large, undisciplined positions. I personally prefer waiting for confirmation (breakout or strong support hold) before adding material exposure.