Bitcoin (BTC) is trading at $117,882.93, up +0.34%, consolidating after its recent run toward $123,218. The price is moving sideways between key levels, preparing for a potential breakout.
The RSI at 44.74 suggests neutral momentum, leaving room for either a move higher or a retest of lower supports. The MACD remains slightly bearish, but the selling pressure seems to be weakening as the price stabilizes.
📈 Key Levels:
Resistance: $123,853.90
Support: $115,460.02
🎯 Buy Zone: $116,500 – $117,500 (on dips near support)
🛡 Stop Loss: Below $115,000
🎯 Target 1: $121,000
🎯 Target 2: $123,800 and higher
🔥 My Take: BTC is in a consolidation phase and could see a breakout if it clears $118,500 with strong volume. If bulls defend the $115K zone, we may see another push toward $123K+. Keep stops tight in case of volatility.