the latest on Bitcoin, complete with a price update and chart overview:
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📰 Market Update
Bitcoin is trading around $114,800, with intraday highs near $115,678 and lows around $113,398.
A minor 0.2% uptick today, but it’s still down about 3% over the past week—reflecting broader crypto softness.
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⚙️ Technical & Sentiment Signals
Bitcoin is holding steady just above its $114,000 level, with resistance looming around $115,000–$117,800. A clean break past this could signal a move toward retesting the mid‑July high (~$122,800).
Analyst Crypto Raven notes the potential for a pullback to $110,000–$112,000 before any bounce, based on volume profile support zones.
Spot Bitcoin ETF outflows continue, keeping short-term sentiment cautious.
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🔭 Outlook
If $BTC successfully breaks the $115K resistance, a push toward $122K–$123K could follow as momentum returns.
A failure to breach could keep $BTC range-bound within the $110K–$117K band.
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✅ Bottom Line
$BTC is in a consolidation phase, hovering around the $114–$115 K zone while ETF outflows and macro caution weigh on sentiment. Key near-term support lies in the $110K–$112K range, while resistance remains in the mid‑$115K area—potentially unlocking upside if overcome.#