Bitcoin spent today oscillating around the mid‑115k area, where mid‑timeframe selling pressure met improving liquidity, producing a choppy tape that lacked decisive follow‑through in either direction. Yesterday hinted at a constructive advance, but momentum faded beneath the daily DEMA band at 117,115.7–117,255.7, leaving buyers short of a full trend reclaim despite positive daily MACD and RSI. Intraday readings turned defensive as 2H momentum stayed bearish and 12H remained weak with negative CMF, while 4H/6H held supportive money flow and oversold SRSI that argue for reflex bounces rather than breakdowns on first tests. The net result is a range defined by roughly 114.5k support and 117.3k resistance, with two‑way risk concentrated near those edges and limited edge for trend trades inside the band. The prior call for consolidation remains valid, but the burden of proof now rests on a daily close above the DEMA cluster to unlock higher targets into 118.8k–120k, whereas a slip under 114.5k would expose 113.3k then 112.8k. Near‑term positioning favors reactive tactics: fade strength into resistance if momentum stalls, buy dips at support only with confirmation from SRSI turns and CMF holding above zero, and keep stops disciplined. Despite visible fatigue on some frames, the daily signal set still argues the broader directional skew can improve quickly if overhead moving averages are reclaimed with expanding volume and a stabilizing 12H MACD.
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BTC at an Inflection Between Midframe Pullback and Daily Reclaim
BTC at an Inflection Between Midframe Pullback and Daily Reclaim
Btc Indicators graph +-1 bullish bearish , +-0.5 weak exhausted bullish bearish , bar extending -0.5 to +0.5 neutral ( no direction)
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