{"content":"🔒 BTC Holding Steady—Bear Pressure Can’t Crack the Wall Friday's volatility saw Bitcoin drop below $114,700 before settling in a tight consolidation range. The price is limited below the key $120,000 threshold, and bulls and bears are fighting, increasing market speculation. Bitcoin is maintaining crucial support despite the retreat, indicating positive persistence. Axel Adler of CryptoQuant says this week is one of the most violent selling episodes in the bull cycle. Adler argues that just 12 weeks—7.3% of the cycle—have had equal or higher selling pressure. Strong selling and price stability have created uncertainty. Market players await evidence of a bigger drop or a fresh drive to breach $120K. Bitcoin's consolidation range might define the cycle's next significant move as the week ends. Bitcoin stands strong amid heavy selling Adler noted that this week has 7% of the most intense Bitcoin bull cycle selling volume. Bitcoin rallied over $117,000 at week's end despite severe selling pressure. In the face of aggressive distribution, this comeback is bullish. Bitcoin is losing ground against Ethereum and other big cryptocurrencies despite its tight consolidation range. Analysts now see this week as crucial due of this change. BTC Tests Resistance After Strong Recovery After rebounding from $115,724 support, Bitcoin (BTC) is trading around $117,867 on the 4-hour chart. Bulls have strongly defended this short-term demand zone after a recent fall. Price is straining against the 100-period SMA ($117,822) to retake support. Chart structure reveals BTC continues in a well-defined consolidation range between $115,724 and $122,077. This week's lower boundary retest and rebound indicate ongoing buyer interest despite significant selling pressure earlier in the week. Volume is high, indicating market involvement throughout the rebound. Watch for BTC to flip the 100 SMA and stay above $118,000. Upper range resistance at $122,077 will be the next significant test if confirmed. A clear break above this level might lead to record highs. #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/27/9815dc2786a144b084d7f9dedfab7723.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}