$BTC /USDT Range Compression Near Breaking Point ⚡

Bitcoin is coiling tightly between major demand at $116K and supply near $120K. For the past few days, it’s been trading sideways, signaling a potential explosive move ahead.

📉 Bears are blocking $120K

📈 Bulls are holding the $116K floor strongly

A confirmed breakout above $120K can unlock $122,500+, while a drop below $116K might drag it down toward $114,200.

🧠 Tip: No rush wait for a clean breakout before jumping in. Until then, short-term range plays are in control.

Support: $116,000

Resistance: $120,000

Upside Target: $122,500+

Downside Risk: $114,200