Bitcoin Stalled — Resistance at $120,600, Limited Upside

I think Putin's meeting failed to provide meaningful bullish catalysts, leaving Bitcoin stuck in range-bound trading. Price action shows clear resistance near $120,600 and no convincing breakout signals yet.

I view upside potential as limited until we see either a decisive break above $120,600 or fresh macro/news drivers. For now, the market looks indecisive and prone to choppy moves.

I will wait for a confirmed breakout or a favorable retest with volume before increasing exposure; otherwise I prefer to remain on the sidelines or manage risk tightly.