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#Bitcoin today continues to move within a sideways price range between $117,000 and $118,000, after a strong upward wave witnessed in the past few days, which was clearly supported by the rise in institutional ETF fund inflows, in addition to economic indicators suggesting the possibility of a reduction in U.S. interest rates in the near future.

Despite a slight decline of 0.4% in recent hours, the technical outlook remains positive, especially with the price maintaining its strong support above $115,000. If the $120,000 level is broken with stability, we may see a strong movement towards $127,000 – $130,000 in the coming weeks.

Technical analysis shows a "Bull Flag" pattern, which is considered an encouraging signal for speculators. In the short term, caution is advised regarding corrections, and monitoring support levels at $112,000 and $110,000.

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