Current Bitcoin Status (Based on Daily Chart):
Price is hovering around 118,948 USDT, showing sideways movement just below minor resistance.
📊 RSI is at 61, indicating moderate strength without overbought or oversold signals. However, bearish divergence across three timeframes is concerning.
📉 ADX at 26 suggests a weak trend with limited directional strength.
🌬 ATR stands at 2.691, pointing to low volatility and possible compression.
🔻 Key support: 117,331 USDT
🔺 Key resistance: 119,700 USDT
🧭 The short-term outlook remains uncertain, with high risk due to momentum loss and divergence patterns.
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