Bitcoin Range-Bound; Key Resistance ~120,600 — Watch for Breakout or 112,300 Test

I see the Putin–Trump meeting produced symbolic progress but no concrete agreements, leaving geopolitical risk elevated and markets sensitive. That lack of substantive outcome cools any near-term 'peace trade' boost for risk assets.

Bitcoin is trading in a clear range, with near-term support around 116,300–115,000 and concentrated resistance near 119,600–120,600. If 115,000 fails, the next test could be ~112,300; conversely, upside is capped until a clean break above the 120–124k band.

Given the situation, I prefer to watch macro and policy headlines for a decisive breakout signal rather than chasing one-sided trades.