Bitcoin’s $104K-$112K Range Mirrors Past Rallies: Is a $120K Move Imminent?

Bitcoin (BTC) is currently trapped in a tight range between $104,000 and $112,000. This pattern suggests a potential breakout as traders await decisive price action. Analysts point to past consolidation patterns driving steep rallies, with support at around $99,000 holding strong. Momentum is slowing below $110,000, but technical signals like Ichimoku suggest bullish potential remains intact.