Bitcoin Consolidates as Volume Dips: Key Levels at 117K, 127K, and 141K

The weekly analysis indicates that Bitcoin remains within its upward channel, with a clear decreasing trend in volume, which could indicate waning institutional interest or market fatigue at this critical region. Bitcoin is holding above the 0.5 Fibonacci level at 117,000, consolidating over a demand zone. The week began with a positive candle, albeit with a small body, hinting at some hesitation in buying momentum for now. Despite reaching a new all-time high, the price slowed near the 0.618 Fibonacci level at 127,000, under a technically still favorable but increasingly volume-dependent scenario. The upward channel continues to serve as a movement guide. If buying pressure persists, Bitcoin could target 127,000 and then 141,000. Conversely, without renewed momentum, a pullback towards demand around 105,000 is possible.