Bitcoin (BTC) trades around $112,260, consolidating within a tight range as investors weigh bullish technical setups against global macroeconomic headwinds.
The leading asset moved between an intraday high of $113,138 and a low of $110,812, showing the tight range that has dominated trading in recent sessions.
Key momentum indicators suggest cautious optimism. Support remains firm at $110,000, while moving averages at $109,300 and $101,000 strengthen the bullish case.
On the upside, resistance at $113,000–$115,000 remains the next crucial hurdle, with analysts noting that a breakout above this band could unlock renewed momentum.
Institutional Bets Boost Bitcoin Confidence
Institutional activity continues to shape sentiment despite mixed price action. Market watchers highlight growing