Bitcoin Stuck in $100k-$110k Range as Macro Forces Clash—When Will Bulls Break Free?

Bitcoin's playing ping-pong with macro headwinds—and the table's tilted. The king of crypto keeps bouncing between $100k and $110k like a trader checking their portfolio during a boring meeting.

The waiting game: Bulls are coiled tighter than a yield curve inversion, itching for that one catalyst to send prices screaming past resistance. Meanwhile, Wall Street's 'risk managers' are probably still trying to short BTC with their 2017 playbooks.

Rangebound reality: Until the Fed pivots or some Black Swan event gives institutions an excuse to FOMO, we're stuck in this purgatory. Silver lining? At least the volatility makes traditional forex markets look like a coma patient.

Remember—consolidation at these levels just means the next move will be violent. And given how many 'stablecoin printers' are idling right now, smart money's betting that violence will be to the upside.

Macro drivers under watch

Nicolai Søndergaard, a research analyst at Nansen, flagged Federal Reserve policy as the primary variable. He noted that the market will likely react positively once the Fed announces rate cuts, adding that risk assets need cheaper funding and better liquidity to attract new capital. 

Søndergaard tracks liquidation heat maps and institutional wallet signals to gauge whether large buyers accumulate or stand aside.

Bitfinex Alpha echoed that view, stating that exchange-traded fund (ETF) inflows must accelerate and global liquidity must expand before Bitcoin can clear the upper band of its two-month range. 

Without deeper cash allocations, spot bids fade NEAR $110,000, and sellers cap the price by trimming their positions. 

Still, the report saw no imminent breakdown as long as key support levels hold and structural positioning remains constructive.