$BTC is coiling tight between $117K – $119K after the sharp drop from its all-time highs… but don’t mistake this quiet for weakness. 🐉
📉 Pressure Points:
– US inflation fears & interest rate moves are the biggest weight on the market.
– Traders eye every macro headline like it’s a grenade pin.
📈 Bullish Undercurrent:
– Institutional demand is still roaring beneath the surface.
– ETFs, funds, and corporate treasuries aren’t slowing down.
💥 The Setup:
This range looks less like defeat… and more like the spring of a loaded slingshot. A breakout above $119K could send BTC charging toward $122K+ in a heartbeat. Slip below $117K? We might dive to $114K before the bulls fire back.
🔥 The market is holding its breath. Which way will it explode?
