#Bitcoin (
BTC ) is still moving sideways, consolidating in a tight range between ~$117,400 and $120,100, just below recent local highs. The market is showing clear signs of compression, and the BBWP (Bandwidth Width Percentile) is flashing a deep blue near 0%, which signals extremely low volatility.
Historically, this kind of BBWP reading comes before big price moves. However, the direction is still uncertain as BTC trades between key resistance and minor support.
Key Levels to Watch:
Resistance: ~$120,100
Support: ~$117,400
BBWP: ~0% tight volatility coil
If BTC breaks above $120K, it could lead to strong upside continuation. But if it drops below $117.4K, we might see a deeper correction.
📌 Tip: Wait for volume and BBWP expansion to confirm the next move. The spring is tightly wound, a big breakout is likely coming soon.
DYOR, NFA
Historically, this kind of BBWP reading comes before big price moves. However, the direction is still uncertain as BTC trades between key resistance and minor support.
Key Levels to Watch:
Resistance: ~$120,100
Support: ~$117,400
BBWP: ~0% tight volatility coil
If BTC breaks above $120K, it could lead to strong upside continuation. But if it drops below $117.4K, we might see a deeper correction.
📌 Tip: Wait for volume and BBWP expansion to confirm the next move. The spring is tightly wound, a big breakout is likely coming soon.
DYOR, NFA
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Register on BingX and trade with me: 👇
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
bingx.com/invite/WKCI5X/
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.