Bitcoin Consolidates After Rejection at $113K

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Bitcoin is holding steady around $108,000, after briefly spiking to $113,000 earlier this week.
Analyst Daan Crypto Trades noted that the 200-day EMA remains a crucial support area, maintaining the broader uptrend.
BTC’s current zone acts as support-turned-resistance, signaling consolidation before the next big move.

[Nahid10]

Bitcoin’s consolidation phase after rejection signals short-term exhaustion but long-term accumulation.

[EmTeam]

A stable range between $108K–$113K could serve as the next base before upward continuation.