🟡Bitcoin’s price is consolidating within a narrow $117,000–$118,700 range, forming a symmetrical triangle — a pattern that often precedes a sharp move. Indicators such as the Parabolic SAR and narrowing Bollinger Bands point to mounting tension and a possible volatility spike by August 1.
🟡If BTC breaks above $118,700 with rising volume, it may rally toward $121,600 and beyond. However, losing support at $117,000 increases the risk of a decline to $114,600. Tension is building — the market awaits a decisive move.