Bitcoin Consolidation Near $104K and $114K: Breakout Signals Potential Direction

Bitcoin is currently trading between $104,000 and $114,000, consolidating in a crucial range. The pressure to profit from this market point approaches resistance, while high demand provides support for the lower boundaries. A break above $114,000 would signal new highs, while falling below $104,000 suggests a cooling of momentum and potential long-term stagnation.