Overview
- Price remains confined to roughly $111,000–$117,000, with buyers defending about $112,500 and sellers capping moves near $115,600–$116,200.
- Spot bitcoin ETFs logged about $260 million in net inflows over the past three sessions, signaling steady institutional demand during the pause.
- On‑chain and order‑book data show recent buyer concentration near $111,000 and heavier selling interest around $117,000, keeping the range intact.
- Trading spiked to a session high near $116,094 before pulling back, and exchanges saw about $49.8 million in short liquidations as price approached resistance.
- Analysts say a decisive reclaim of $120,000 could open a path toward $143,000 on long‑term models, while Standard Chartered argues shifting flows from gold ETFs could help firm Bitcoin’s floor.