#BTC is showing mixed signals around its key support zone, struggling to maintain momentum.
The immediate support area to watch lies between $116,500 and $116,700, a critical zone that needs to hold to prevent further downside pressure.
On the fundamentals side, Bitcoin remains supported by increasing ETF inflows and strong institutional demand, but macro uncertainty and profit taking from recent highs are keeping price action choppy. A break below this support range could trigger a sharper correction, while holding above it might set the stage for another push toward previous highs.
For now, market participants remain cautious, with $BTC dominance rising slightly as traders seek safety, leaving altcoins under pressure.
