Have a good weekend, friends. 🍷

# Analysis of BTC movement for today

**Bitcoin is demonstrating volatility around $117,000**

In recent hours, BTC has been fluctuating around the key level of $117,000, showing signs of a short-term correction amid an overall bullish trend.

Over the night, the price tested the $117,000 mark several times from below, including a brief drop below this level, corresponding to a correction of about 1.7%.

However, the recovery maintains a bullish sentiment, especially considering the bounce from support and stable trading volume.

**Key factors of movement:**

- A large transfer of 656 BTC ($77.4 million) from Binance to the institutional platform Ceffu may indicate a redistribution of assets towards safe storage, which often precedes periods of instability.

- The market is responding to technical levels and intraday pressures, but does not lose its main upward momentum.

- Volumes remain high, especially during night hours, indicating increased activity, including institutional operations.

The current consolidation appears to be a pause before the next movement, with $117,000 remaining a key support level.