The technical picture for $BTC is a study in contrasts. While the MACD on the 4-hour chart has shown a bullish cross, signaling a potential reversal in momentum, the daily MACD remains firmly in bearish territory. The price, currently at $115000, is fighting to stay above key moving averages on shorter timeframes, despite its positive percentage gain, indicating a struggle for immediate directional control.

$BTC Institutional Inflows Clash with Macro Headwinds

Bitcoin is currently a market of competing narratives, with powerful institutional accumulation battling short-term technical resistance and macroeconomic concerns. Trading near $115,000, $BTC price action presents a complex picture, where the potential for a bullish breakout is tempered by historical precedents and immediate market outflows. This convergence of contradictory signals sets the stage for a critical phase of price discovery.