BTCUSD: Consolidation will ContinueBitcoin / US DollarBINANCE:BTCUSDRatnerHello everyone, here is my breakdown of the current Bitcoin setup. Market Analysis From a broader perspective, the market for Bitcoin has shifted from a trending phase into a wide consolidation Range. This occurred after the price broke down from a prior Upward Wedge, signaling a pause in the bullish momentum and establishing the current boundaries between the 107700 Support and the 119000 Resistance. Currently, the price has completed a full rotation from the bottom of this Range and is now approaching the major horizontal Resistance at the 119000 level. This is a historically significant area that has repeatedly capped rallies and acted as a strong barrier for buyers. My Scenario & Strategy I'm anticipating that the price will make a final push into the 119800 - 119000 Resistance Zone. The key signal I'm watching for is a clear rejection from this area, confirming that sellers are still in control at these prices and that another rotation downwards is likely. Therefore, the strategy is to watch for this rejection at the top of the Range. A confirmed reversal would validate the short scenario. The primary target for this downward rotation is 111000 points, an intermediate level within the Range where a price reaction could be expected. That's the setup I'm tracking. Thank you for your attention, and always manage your risk.