Bitcoin Price Analysis: is BTC About to Hit $120K or $110K Next?

Bitcoin continues to consolidate above the $116K level as bulls attempt to defend critical support following a pullback from the $123K all-time high.
While the broader uptrend remains intact, recent price action reflects uncertainty and tightening range dynamics. With macroeconomic tensions rising and risk sentiment mixed, BTC’s next major move could be triggered by key technical levels.
Bitcoin Price Analysis: is BTC About to Hit $120K or $110K Next?

Bitcoin continues to consolidate above the $116K level as bulls attempt to defend critical support following a pullback from the $123K all-time high.
While the broader uptrend remains intact, recent price action reflects uncertainty and tightening range dynamics. With macroeconomic tensions rising and risk sentiment mixed, BTC’s next major move could be triggered by key technical levels.