Bitcoin News Today: Will Bitcoin Break Free from the $115K-$122K Range?

Bitcoin price trapped in consolidation range with key indicators on a trading dashboard

Bitcoin remains in a tight range between $115,724 and $122,077, leaving traders and investors on edge. The cryptocurrency market is in a state of suspense, waiting for the next major move. Will Bitcoin break out to new highs or face a deeper correction? Here’s the latest Bitcoin news today.

Bitcoin Price Stuck in Neutral Zone

Bitcoin’s price action has been confined to a narrow range for over two weeks, reflecting market indecision. The Bitcoin Heat Macro Phase, a key metric developed by analyst Axel Adler, currently sits at 44%, indicating neither accumulation nor distribution is dominant. This neutrality suggests:

  • Profit-taking is increasing but remains moderate
  • No significant pressure from long-term holders
  • ETF inflows are balanced

Key Levels to Watch in Bitcoin Consolidation

The current technical setup presents clear boundaries for Bitcoin’s price movement:

LevelPriceSignificance
Resistance$122,077Breakout could signal trend continuation
Support$115,724Breakdown might trigger correction
Moving Averages$116,342Dynamic support from 50, 100, 200 SMAs

Bitcoin Heat Macro Phase: What It Reveals

This innovative indicator aggregates multiple market factors into a single value, providing crucial insights:

  • Values below 30% suggest undervaluation (accumulation phase)
  • Values above 70% indicate overbought conditions (distribution phase)
  • Current 44% reading shows balanced market sentiment

When Will Bitcoin Break Its Consolidation?

Market analysts agree that the current compression in volatility can’t last forever. The decreasing trading volume suggests:

  • Reduced participation from both bulls and bears
  • Potential for explosive move when breakout occurs
  • Need for strong volume confirmation on either side

Bitcoin News Today: Preparing for the Next Move

As we await Bitcoin’s next significant price movement, traders should:

  • Monitor the $115K-$122K range closely
  • Watch for volume spikes at key levels
  • Consider both bullish and bearish scenarios

The coming days could determine Bitcoin’s medium-term trajectory. With the Bitcoin Heat Macro Phase signaling neutrality, the market appears poised for a decisive move. Stay tuned for more Bitcoin news today as this critical situation develops.

Frequently Asked Questions

What is the Bitcoin Heat Macro Phase?

The Bitcoin Heat Macro Phase is a composite indicator developed by analyst Axel Adler that combines multiple market metrics into a single value to gauge whether Bitcoin is in accumulation, distribution, or neutral phases.

How long has Bitcoin been in this consolidation range?

Bitcoin has been trading between $115,724 and $122,077 for over two weeks as of July 30, 2025.

What happens if Bitcoin breaks above $122,077?

A confirmed breakout above $122,077 with strong volume could signal a resumption of the upward trend and potentially lead to new all-time highs.

What are the risks if Bitcoin falls below $115,724?

A breakdown below $115,724 would invalidate the current consolidation pattern and could trigger a deeper correction in Bitcoin’s price.

Why is trading volume important for Bitcoin’s next move?

Volume confirms the strength of price movements. A breakout or breakdown with low volume is less likely to sustain, while high volume increases the probability of continuation.