#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
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
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bingx.com/invite/WKCI5X/
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Register on BingX and Blofin and trade with me: 👇
bingx.com/invite/WKCI5X/
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
bingx.com/invite/WKCI5X/
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.