Bitcoin remains tightly range-bound between $115,000 and $121,000 as technical indicators increasingly point toward an imminent breakout. Liquidation heatmaps reveal concentrated risks at these thresholds, with accelerated short liquidations anticipated above $120,000 while long positions face vulnerability below $115,000.
Significant institutional capital flows continue to bolster market sentiment. Spot Bitcoin ETFs have attracted $641.3 million in cumulative inflows over the past week, signaling strong institutional conviction despite price consolidation.
Regulatory developments introduce additional market variables, with the Trump administration’s pro-cryptocurrency stance potentially influencing near-term dynamics.
Technical analysts identify $111,000 as critical support and $120,000 as the primary resistance barrier. A decisive breach of either level could trigger directional momentum shifts across cryptocurrency markets.