#Bitcoin ( $BTC ) is still moving sideways, consolidating in a tight range between ~$117,400 and $120,100, just below recent local highs. The market is showing clear signs of compression, and the BBWP (Bandwidth Width Percentile) is flashing a deep blue near 0%, which signals extremely low volatility.

Historically, this kind of BBWP reading comes before big price moves. However, the direction is still uncertain as BTC trades between key resistance and minor support.

Key Levels to Watch:

Resistance: ~$120,100

Support: ~$117,400

BBWP: ~0% tight volatility coil

If BTC breaks above $120K, it could lead to strong upside continuation. But if it drops below $117.4K, we might see a deeper correction.

📌 Tip: Wait for volume and BBWP expansion to confirm the next move. The spring is tightly wound, a big breakout is likely coming soon.

DYOR, NFA