$BTC Bitcoin is currently hovering between two key levels: $112k and $117k. Overall, the chart remains bullish, as the higher time frame trend continues to be upward. There's no need to change your outlook as long as the price stays above $112k and maintains a bullish stance.

On the lower time frames, however, the momentum appears bearish. I’ll feel more confident that it’s preparing to retest and surpass $117k once it reclaims that level and sustains above it. Until then, it may just continue to fluctuate sideways.