$BTC My Bias for Today: Cautious Bull / Neutral-Bullish
Given the developments, my view is that short-term bias is cautiously bullish, with a wide neutral band. Here’s how I see it:
Upside path: If BTC can sustain above $118,000–$118,500 and push past $119,500 with volume, we could see a run toward $121,000+. That would require bulls overcoming current resistance and convincing the market of strength.
Downside risk: If BTC fails to hold above ~$116,000 or loses support near $115,000, it may slip toward $111,000 or even test deeper support zones.
Neutral zone: Much of today could be spent oscillating between $116,000 and $119,500, as the market digests recent gains and looks for catalysts.
So, in summary: a bullish tilt, but with lots of caution. The market needs clearer conviction.
