Bitcoin Consolidates at $111K: Market Poised for Next Move

$BTC  is stabilizing near $111,027 (+0.26%) after a volatile week marked by sharp swings between $108K and $116K. On the 4H chart, volume spikes on August 22 and 26 highlight active trading, yet momentum has weakened as sellers capped rallies near $112.5K. Short-term structure shows lower highs, suggesting caution, though support at $110K–$110.5K is holding. A decisive break above $112.5K could trigger a move toward $114K–$115K, while rejection risks a retest of $109K. Market participants should monitor volume behavior closely - it will likely determine whether BTC extends its rebound or resumes its corrective phase.

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