#Bitcoin Entering the Patience Zone at Key Resistance

$BTC is currently consolidating around $116K–$118K, with multiple daily closes holding firm above Level 3 of the Magic Bands – a historically significant threshold.

🔹 Level 3: ~$118,800 | Cycle Top Band: $160,200

Following successful retests of Level 2 (~$74K) in July and September 2024, Bitcoin has reclaimed the upper mid-structure of this cycle. Level 3, which acted as resistance during March, December 2024, and January 2025, is now being tested as a potential base of support.

🧠 These grinding phases test patience—but they often precede $10K+ breakout candles, especially when key resistance begins turning into support.

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